Ucommune International Ltd (NASDAQ:UK) Sees Large Drop in Short Interest

Ucommune International Ltd (NASDAQ:UK) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 22,900 shares, a drop of 16.4% from the October 31st total of 27,400 shares. Currently, 3.9% of the company’s stock are sold short. Based on an average daily trading volume, of 174,900 shares, the short-interest ratio is currently 0.1 days.

Ucommune International Stock Performance

Ucommune International stock opened at $1.23 on Monday. The firm has a 50-day moving average of $1.28 and a 200-day moving average of $1.62. Ucommune International has a one year low of $1.12 and a one year high of $6.85.

About Ucommune International

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.