Ucommune International Ltd (NASDAQ:UK) Short Interest Down 25.5% in October

Ucommune International Ltd (NASDAQ:UK) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 27,400 shares, a decline of 25.5% from the October 15th total of 36,800 shares. Currently, 4.7% of the company’s shares are sold short. Based on an average daily volume of 184,300 shares, the days-to-cover ratio is currently 0.1 days.

Ucommune International Stock Down 1.6 %

Shares of NASDAQ:UK traded down $0.02 during trading on Thursday, reaching $1.20. 79,888 shares of the stock were exchanged, compared to its average volume of 174,647. Ucommune International has a 12-month low of $1.12 and a 12-month high of $6.85. The firm’s 50-day moving average price is $1.33 and its 200 day moving average price is $1.69.

Ucommune International Company Profile

Ucommune International Ltd manages and provides agile office spaces in China. It operates self-operated and asset-light models. The company also provides individual services, such as catering, fitness, healthcare, training, and entertainment; general corporate services, such as corporate secretary, human resources, legal, finance, IT support, and tax services; incubation and corporate venturing services; design and build services; advertising and branding services; and related services.