Ucommune International Ltd. (NASDAQ:UK) Short Interest Down 57.3% in May

Ucommune International Ltd. (NASDAQ:UK) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 8,681 shares, a drop of 57.3% from the May 14th total of 20,318 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average trading volume of 68,689 shares, the days-to-cover ratio is currently 0.1 days.

Ucommune International Trading Down 7.3%

Shares of UK stock traded down $0.17 during trading hours on Friday, hitting $2.16. The stock had a trading volume of 351,592 shares, compared to its average volume of 965,922. Ucommune International has a one year low of $1.62 and a one year high of $15.50. The stock’s 50-day moving average price is $3.40 and its two-hundred day moving average price is $5.56.

Ucommune International (NASDAQ:UK) last released its quarterly earnings results on Tuesday, March 24th. The company reported ($7.24) EPS for the quarter. The company had revenue of $0.79 million during the quarter.

Ucommune International Company Profile

Ucommune International (NASDAQ: UK) operates as a provider of flexible workspace solutions and community-driven office environments. Founded in 2015 and headquartered in Beijing, the company offers coworking spaces, private offices and enterprise-scale solutions designed to accommodate businesses ranging from startups to multinational corporations. By combining physical workspaces with digital tools and community programming, Ucommune International aims to enhance productivity, facilitate networking and support the evolving needs of modern organizations.

The company’s product portfolio includes hot desks, dedicated desks and private suites, supplemented by meeting rooms, event venues and ancillary services such as mail handling and IT support.