Ucommune International Ltd. (NASDAQ:UK) Sees Large Increase in Short Interest

Ucommune International Ltd. (NASDAQ:UK) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,796 shares, an increase of 1,244.8% from the September 15th total of 431 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 12,830 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

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

Ucommune International Price Performance

Shares of NASDAQ:UK opened at $2.02 on Friday. Ucommune International has a 12-month low of $1.62 and a 12-month high of $11.47. The business has a 50-day moving average price of $2.07 and a 200 day moving average price of $2.68.

About Ucommune International

Ucommune International Ltd. is a flexible-workspace provider that operates coworking and shared office facilities under the Ucommune brand. Its offerings have included private offices, shared workstations, meeting and conference rooms, virtual offices, event spaces, and related business services designed for startups, entrepreneurs, small businesses, and corporate customers.

The company was founded in China in 2015 by Mao Daqing and was originally known as UR Work before adopting the Ucommune name.