Short Interest in 36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Rises By 253.6%

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 5,817 shares, an increase of 253.6% from the December 31st total of 1,645 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 7,671 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 7,671 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company’s shares are sold short.

Analyst Ratings Changes

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, Based on data from MarketBeat, 36Kr has a consensus rating of “Sell”.

36Kr Trading Down 8.6%

Shares of KRKR stock traded down $0.41 during mid-day trading on Wednesday, reaching $4.36. The stock had a trading volume of 16,132 shares, compared to its average volume of 6,880. The stock’s 50-day moving average price is $4.60 and its two-hundred day moving average price is $5.42. The firm has a market capitalization of $8.59 million, a PE ratio of -0.73 and a beta of 0.61. 36Kr has a 52-week low of $3.30 and a 52-week high of $21.36.

36Kr Company Profile

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.