Ucommune International Ltd. (NASDAQ:UK) Sees Significant Increase in Short Interest

Ucommune International Ltd. (NASDAQ:UK) saw a significant growth in short interest in 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. Based on an average trading volume of 12,830 shares, the short-interest ratio is currently 0.5 days. Currently, 1.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Ucommune International in a report on Monday, July 13th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Ucommune International Stock Performance

Shares of Ucommune International stock traded up $0.17 during trading on Friday, reaching $2.02. The company’s stock had a trading volume of 11,019 shares, compared to its average volume of 19,138. Ucommune International has a fifty-two week low of $1.62 and a fifty-two week high of $11.47. The company has a 50-day moving average price of $2.07 and a two-hundred day moving average price of $2.68.

Ucommune International Company Profile

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.