Short Interest in uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) Grows By 38.9%

uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 10,000 shares, a growth of 38.9% from the September 30th total of 7,200 shares. Based on an average daily volume of 113,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 113,500 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on UCL shares. Weiss Ratings raised shares of uCloudlink Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 24th. Wall Street Zen raised shares of uCloudlink Group from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

uCloudlink Group Price Performance

Shares of UCL stock traded down $0.06 during mid-day trading on Monday, hitting $2.14. The company had a trading volume of 1,323 shares, compared to its average volume of 94,791. uCloudlink Group has a 52-week low of $0.80 and a 52-week high of $4.19. The stock’s 50 day moving average price is $2.52 and its 200-day moving average price is $2.17. The company has a market capitalization of $80.89 million, a P/E ratio of 42.80 and a beta of 4.29.

uCloudlink Group (NASDAQ:UCL) last released its quarterly earnings data on Wednesday, August 13th. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates 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. On average, equities research analysts expect that uCloudlink Group will post 0.1 earnings per share for the current year.

uCloudlink Group Company Profile

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.