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

Ucommune International Ltd. (NASDAQ:UK) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 431 shares, a decline 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. Currently, 0.1% of the shares of the company 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 analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Ucommune International Stock Performance

NASDAQ:UK traded down $0.05 during mid-day trading on Monday, hitting $2.05. 3,038 shares of the company traded hands, compared to its average volume of 140,620. The stock’s fifty day moving average price is $2.08 and its 200-day moving average price is $2.89. Ucommune International has a one year low of $1.62 and a one year high of $11.47.

About Ucommune International

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.