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

Ucommune International Ltd. (NASDAQ:UKGet Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 5,407 shares, a drop of 38.6% from the June 30th total of 8,813 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 47,852 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated 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, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Get Our Latest Analysis on Ucommune International

Ucommune International Stock Performance

UK stock opened at $2.09 on Friday. The business’s fifty day moving average price is $2.28 and its two-hundred day moving average price is $3.97. Ucommune International has a fifty-two week low of $1.62 and a fifty-two week high of $15.50.

Ucommune International (NASDAQ:UKGet Free Report) last posted its earnings results on Tuesday, March 24th. The company reported ($7.24) earnings per share for the quarter. The firm had revenue of $0.79 million during the quarter.

About Ucommune International

(Get Free Report)

Ucommune International (NASDAQ: UK) operates as a provider of flexible workspace solutions and community-driven office environments. Founded in 2015 and headquartered in Beijing, the company offers coworking spaces, private offices and enterprise-scale solutions designed to accommodate businesses ranging from startups to multinational corporations. By combining physical workspaces with digital tools and community programming, Ucommune International aims to enhance productivity, facilitate networking and support the evolving needs of modern organizations.

The company’s product portfolio includes hot desks, dedicated desks and private suites, supplemented by meeting rooms, event venues and ancillary services such as mail handling and IT support.

See Also

Receive News & Ratings for Ucommune International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ucommune International and related companies with MarketBeat.com's FREE daily email newsletter.