Short Interest in Youlife Group Inc. (NASDAQ:YOUL) Increases By 96.4%

Youlife Group Inc. (NASDAQ:YOUL) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 91,847 shares, a growth of 96.4% from the March 15th total of 46,776 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 30,947 shares, the days-to-cover ratio is presently 3.0 days.

Youlife Group Price Performance

Shares of NASDAQ:YOUL opened at $0.89 on Monday. Youlife Group has a 1-year low of $0.78 and a 1-year high of $5.50. The firm’s 50 day simple moving average is $1.08 and its two-hundred day simple moving average is $1.46.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Youlife Group to a “hold” rating in a research report on Saturday, January 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Youlife Group currently has an average rating of “Sell”.

Hedge Funds Weigh In On Youlife Group

A hedge fund recently bought a new stake in Youlife Group stock. TB Alternative Assets Ltd. purchased a new stake in shares of Youlife Group Inc. (NASDAQ:YOUL) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,000,000 shares of the company’s stock, valued at approximately $1,431,000. TB Alternative Assets Ltd. owned approximately 1.54% of Youlife Group at the end of the most recent reporting period. Institutional investors and hedge funds own 63.68% of the company’s stock.

About Youlife Group

Youlife Group Inc is a blue-collar lifetime service provider with a under school management model and development projects. Youlife Group Inc, formerly known as Distoken Acquisition Corporation, is based in BEIJING.