Ucommune International Ltd. (NASDAQ:UK) Short Interest Update

Ucommune International Ltd. (NASDAQ:UK – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 431 shares, a drop of 61.0% from the August 31st total of 1,105 shares. Based on an average daily volume of 11,380 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

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Ucommune International Stock Performance

Shares of UK stock traded down $0.10 on Tuesday, reaching $1.93. The stock had a trading volume of 8,267 shares, compared to its average volume of 140,052. Ucommune International has a 1 year low of $1.62 and a 1 year high of $11.47. The company has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $2.87.

About Ucommune International

(Get Free Report)

Ucommune International Ltd. is a flexible-workspace company that provides coworking and serviced-office solutions for entrepreneurs, startups, businesses and independent professionals. Its offerings have included private offices, shared workspaces, meeting rooms, conference facilities and related workplace services.

The company has also provided complementary services such as business consulting, corporate administration, marketing and event support. Its model is designed to give customers flexible access to professional work environments and business resources without requiring traditional long-term office leases.

Ucommune was founded in China in 2015 under the name UrWork and later adopted the Ucommune brand.

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