Ucommune International Ltd (NASDAQ:UK – Get Free Report) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 29,500 shares, a drop of 18.5% from the January 31st total of 36,200 shares. Based on an average daily volume of 177,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 6.3% of the company’s shares are short sold.
Ucommune International Price Performance
Shares of NASDAQ UK opened at $2.34 on Monday. The company’s fifty day moving average is $3.08 and its 200-day moving average is $3.47. Ucommune International has a twelve month low of $2.04 and a twelve month high of $15.84.
Institutional Investors Weigh In On Ucommune International
A hedge fund recently bought a new stake in Ucommune International stock. Renaissance Technologies LLC purchased a new stake in Ucommune International Ltd (NASDAQ:UK – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 118,662 shares of the company’s stock, valued at approximately $116,000. Renaissance Technologies LLC owned about 2.55% of Ucommune International at the end of the most recent quarter. Hedge funds and other institutional investors own 3.82% of the company’s stock.
About Ucommune International
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.
See Also
- Five stocks we like better than Ucommune International
- What is a Death Cross in Stocks?
- MarketBeat Week in Review – 2/26 – 3/1
- Conference Calls and Individual Investors
- How to Buy Bitcoin Stock: 3 Easy Ways to Do It
- What is the NASDAQ Stock Exchange?
- Snowflake Stock Plunges, Don’t be Fooled, Bargain Alert
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.