Short Interest in Ucommune International Ltd. (NASDAQ:UK) Drops By 26.4%

Ucommune International Ltd. (NASDAQ:UK) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 32,700 shares, a decline of 26.4% from the May 15th total of 44,400 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily volume of 26,600 shares, the short-interest ratio is currently 1.2 days.

Ucommune International Stock Performance

UK stock opened at $1.04 on Thursday. The firm’s 50-day moving average price is $1.11 and its two-hundred day moving average price is $1.14. Ucommune International has a 12-month low of $0.98 and a 12-month high of $2.26.

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.