uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) Short Interest Update

Key Points

• Short Interest Rises: uCloudlink Group Inc. saw a significant increase in short interest of 288.3% in August, rising from 11,100 shares to 43,100 shares.
• Quarterly Earnings Report: The company reported an EPS of $0.02 for the latest quarter, meeting analysts' expectations, but its revenue of $19.38 million fell short of the forecast of $23.00 million.
• Institutional Investment Increase: Renaissance Technologies LLC raised its position in uCloudlink Group by 77.3%, holding approximately 0.15% of the company after acquiring additional shares.

uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL - Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 43,100 shares, agrowthof288.3% from the July 31st total of 11,100 shares. Based on an average daily trading volume, of 138,500 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 138,500 shares, the short-interest ratio is presently 0.3 days.

uCloudlink Group Stock Performance

Shares of UCL stock traded up $0.14 on Friday, hitting $2.98. The company had a trading volume of 85,961 shares, compared to its average volume of 212,638. The firm has a market cap of $112.64 million, a P/E ratio of 59.60 and a beta of 4.39. The stock's 50-day moving average is $2.79 and its two-hundred day moving average is $1.85. uCloudlink Group has a twelve month low of $0.80 and a twelve month high of $4.19.

uCloudlink Group (NASDAQ:UCL - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. uCloudlink Group had a net margin of 2.19% and a return on equity of 8.89%. The company had revenue of $19.38 million during the quarter, compared to analyst estimates of $23.00 million. uCloudlink Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that uCloudlink Group will post 0.1 EPS for the current year.

Institutional Investors Weigh In On uCloudlink Group

A hedge fund recently raised its stake in uCloudlink Group stock. Renaissance Technologies LLC increased its stake in uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL - Free Report) by 77.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,805 shares of the company's stock after purchasing an additional 23,900 shares during the period. Renaissance Technologies LLC owned approximately 0.15% of uCloudlink Group worth $115,000 as of its most recent SEC filing. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised uCloudlink Group to a "sell" rating in a research report on Friday, August 22nd.

About uCloudlink Group

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.