Short Interest in 36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Declines By 47.5%

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 3,053 shares, a decline of 47.5% from the January 15th total of 5,817 shares. Based on an average trading volume of 8,354 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 8,354 shares, the short-interest ratio is presently 0.4 days.

36Kr Trading Down 1.5%

NASDAQ KRKR traded down $0.06 during mid-day trading on Friday, hitting $4.00. The company’s stock had a trading volume of 5,472 shares, compared to its average volume of 7,092. The firm has a market capitalization of $7.88 million, a price-to-earnings ratio of -0.67 and a beta of 0.69. The company’s 50 day simple moving average is $4.45 and its 200 day simple moving average is $5.33. 36Kr has a twelve month low of $3.30 and a twelve month high of $21.36.

Wall Street Analyst Weigh In

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

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.