This character is a Other Letter and is mainly used in the Han script. The Unihan Database defines it as moon; month; Kangxi radical 74. Its Pīnyīn pronunciation is yuè.
The glyph is not a composition. Its East Asian Width is wide. In bidirectional text it is written from left to right. When changing direction it is not mirrored. U+6708 offers a line break opportunity at its position, except in some numeric contexts. The glyph can be confused with 14 other glyphs.
The Wikipedia has the following information about this codepoint:
Radical 74 or radical moon (月部) meaning "moon" or "month" is one of the 34 Kangxi radicals (214 radicals in total) composed of 4 strokes.
In the Kangxi Dictionary. there are 69 characters (out of 49,030) to be found under this radical.
月 is also the 88th indexing component in the Table of Indexing Chinese Character Components predominantly adopted by Simplified Chinese dictionaries published in mainland China. Character with the alternative form of Kangxi Radical 130 (⺼ "meat") is merged to this radical in Simplified Chinese, and no associated indexing component is left after the merger.