36Kr Holdings Inc. (NASDAQ:KRKR) Sees Significant Increase in Short Interest

36Kr Holdings Inc. (NASDAQ:KRKR) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 94,400 shares, a growth of 985.1% from the January 15th total of 8,700 shares. Based on an average daily trading volume, of 409,900 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 36Kr in a research note on Saturday, February 1st.

36Kr Trading Up 5.0 %

KRKR stock traded up $0.24 on Wednesday, hitting $5.05. The company had a trading volume of 10,739 shares, compared to its average volume of 927,648. 36Kr has a 12-month low of $2.76 and a 12-month high of $12.99. The stock’s 50-day simple moving average is $3.90 and its 200 day simple moving average is $4.29. The stock has a market cap of $9.85 million, a price-to-earnings ratio of -0.84 and a beta of 0.66.

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.