Ucommune International Ltd (NASDAQ:UK) Short Interest Update

Ucommune International Ltd (NASDAQ:UKGet 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:UKFree 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

(Get Free Report)

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.

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