36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Sees Large Drop in Short Interest

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 854 shares, a drop of 72.0% from the January 29th total of 3,053 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 6,120 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 6,120 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

36Kr Price Performance

NASDAQ:KRKR traded up $0.06 during trading hours on Friday, reaching $3.57. The company had a trading volume of 1,104 shares, compared to its average volume of 7,528. 36Kr has a 1-year low of $3.15 and a 1-year high of $21.36. The business’s 50 day moving average price is $4.32 and its 200-day moving average price is $5.25. The firm has a market cap of $7.02 million, a PE ratio of -0.59 and a beta of 0.69.

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.