Ucommune International Ltd. (NASDAQ:UK – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 5,796 shares, a growth of 1,244.8% from the September 15th total of 431 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 12,830 shares, the days-to-cover ratio is currently 0.5 days.
Ucommune International Price Performance
UK stock traded up $0.17 during trading on Friday, hitting $2.02. The company had a trading volume of 11,019 shares, compared to its average volume of 19,138. The company has a fifty day moving average price of $2.07 and a two-hundred day moving average price of $2.68. Ucommune International has a fifty-two week low of $1.62 and a fifty-two week high of $11.47.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Ucommune International in a report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has an average rating of “Sell”.
About Ucommune International
Ucommune International Ltd. is a flexible-workspace provider that operates coworking and shared office facilities under the Ucommune brand. Its offerings have included private offices, shared workstations, meeting and conference rooms, virtual offices, event spaces, and related business services designed for startups, entrepreneurs, small businesses, and corporate customers.
The company was founded in China in 2015 by Mao Daqing and was originally known as UR Work before adopting the Ucommune name.
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