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

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

Ucommune International Stock Performance

Shares of UK stock traded down $0.02 on Thursday, hitting $1.20. 79,888 shares of the stock traded hands, compared to its average volume of 174,647. Ucommune International has a 1-year low of $1.12 and a 1-year high of $6.85. The company’s fifty day moving average is $1.33 and its 200 day moving average 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.