Ucommune International Ltd. (NASDAQ:UK – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 5,270 shares, an increase of 72.4% from the July 30th total of 3,057 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 95,248 shares, the short-interest ratio is presently 0.1 days.
Ucommune International Stock Down 1.5%
Ucommune International stock opened at $2.00 on Wednesday. Ucommune International has a 1-year low of $1.62 and a 1-year high of $15.50. The company has a fifty day simple moving average of $2.09 and a 200 day simple moving average of $3.27.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Ucommune International in a research note on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.
Ucommune International Company Profile
Ucommune International (NASDAQ: UK) operates as a provider of flexible workspace solutions and community-driven office environments. Founded in 2015 and headquartered in Beijing, the company offers coworking spaces, private offices and enterprise-scale solutions designed to accommodate businesses ranging from startups to multinational corporations. By combining physical workspaces with digital tools and community programming, Ucommune International aims to enhance productivity, facilitate networking and support the evolving needs of modern organizations.
The company’s product portfolio includes hot desks, dedicated desks and private suites, supplemented by meeting rooms, event venues and ancillary services such as mail handling and IT support.
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