Ucommune International Ltd. (NASDAQ:UK) Short Interest Down 26.4% in May

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

Ucommune International Stock Performance

UK stock opened at $1.04 on Wednesday. The business has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $1.14. Ucommune International has a twelve month low of $0.98 and a twelve 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.