Ucommune International Ltd (NASDAQ:UK) Short Interest Update

Ucommune International Ltd (NASDAQ:UK) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 42,900 shares, a growth of 208.6% from the February 29th total of 13,900 shares. Based on an average daily volume of 276,900 shares, the short-interest ratio is currently 0.2 days. Currently, 9.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Ucommune International

An institutional investor recently bought a new position in Ucommune International stock. Renaissance Technologies LLC purchased a new stake in shares of Ucommune International Ltd (NASDAQ:UK) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 118,662 shares of the company’s stock, valued at approximately $116,000. Renaissance Technologies LLC owned approximately 2.55% of Ucommune International at the end of the most recent reporting period. 36.92% of the stock is currently owned by institutional investors and hedge funds.

Ucommune International Stock Up 12.2 %

Shares of Ucommune International stock opened at $2.12 on Thursday. Ucommune International has a 1 year low of $1.88 and a 1 year high of $15.84. The firm’s 50 day moving average is $2.52 and its 200 day moving average is $3.31.

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.