Short Interest in 36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Declines By 34.6%

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKRGet Free Report) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 1,645 shares, a drop of 34.6% from the December 15th total of 2,515 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,284 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 8,284 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

36Kr Stock Up 4.3%

NASDAQ:KRKR traded up $0.22 during mid-day trading on Friday, reaching $5.29. 5,806 shares of the company were exchanged, compared to its average volume of 7,085. The stock has a market cap of $10.42 million, a PE ratio of -0.88 and a beta of 0.61. 36Kr has a 12 month low of $3.12 and a 12 month high of $21.36. The company has a fifty day moving average of $4.67 and a 200 day moving average of $5.46.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 36Kr in a research report on Thursday, October 30th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on 36Kr

36Kr Company Profile

(Get Free Report)

Beijing 36Kr Holdings Inc, known as 36Kr (NASDAQ:KRKR), is a China‐based digital media and services platform focused on the coverage and support of new economy enterprises. The company delivers news, in‐depth analysis and research on technology startups, venture capital trends and innovation across the Chinese market. Its flagship online portal and mobile applications serve as primary channels for entrepreneurs, investors and industry professionals seeking timely information on emerging businesses and disruptive technologies.

In addition to editorial content, 36Kr offers a suite of subscription‐based membership services that provide premium research reports, proprietary databases and exclusive interviews with founders and investors.

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