36Kr Holdings Inc. (NASDAQ:KRKR – Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 25,100 shares, a decline of 73.4% from the January 31st total of 94,400 shares. Based on an average trading volume of 422,300 shares, the short-interest ratio is currently 0.1 days.
36Kr Stock Down 6.4 %
KRKR opened at $4.23 on Friday. The stock’s 50 day moving average price is $4.16 and its two-hundred day moving average price is $4.26. The firm has a market capitalization of $8.25 million, a P/E ratio of -0.71 and a beta of 0.65. 36Kr has a 12-month low of $2.76 and a 12-month high of $12.99.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 36Kr in a research report on Wednesday, February 19th.
36Kr Company Profile
36Kr Holdings Inc provides content and business services in the People's Republic of China. It creates and distributes various content, including insightful reports on companies and industries, timely market updates, thought-provoking editorials, and commentaries, as well as original video and audio content in various industries, such as technology, consumer, retail, healthcare, media and entertainment, and enterprise services.
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