Youlife Group Inc. (NASDAQ:YOUL) Short Interest Up 627.1% in June

Youlife Group Inc. (NASDAQ:YOUL) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 251,661 shares, a growth of 627.1% from the May 31st total of 34,610 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 4,982,107 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Youlife Group

A hedge fund recently bought a new stake in Youlife Group stock. TB Alternative Assets Ltd. acquired a new stake in Youlife Group Inc. (NASDAQ:YOUL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,000,000 shares of the company’s stock, valued at approximately $1,431,000. TB Alternative Assets Ltd. owned 1.54% of Youlife Group at the end of the most recent reporting period. Institutional investors and hedge funds own 63.68% of the company’s stock.

Youlife Group Trading Down 2.3%

YOUL opened at $0.42 on Friday. Youlife Group has a 1-year low of $0.29 and a 1-year high of $5.50. The stock’s fifty day simple moving average is $0.74 and its 200 day simple moving average is $1.08. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.01 and a current ratio of 2.02.

About Youlife Group

Youlife Group Inc is a blue-collar lifetime service provider with a under school management model and development projects. Youlife Group Inc, formerly known as Distoken Acquisition Corporation, is based in BEIJING.