36Kr Holdings Inc. (NASDAQ:KRKR) Short Interest Update

36Kr Holdings Inc. (NASDAQ:KRKR) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 13,000 shares, a drop of 51.7% from the February 28th total of 26,900 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily volume of 422,800 shares, the short-interest ratio is currently 0.0 days.

36Kr Price Performance

Shares of NASDAQ KRKR traded up $0.29 during trading hours on Friday, reaching $4.26. The stock had a trading volume of 18,981 shares, compared to its average volume of 132,510. The business’s fifty day moving average is $4.53 and its two-hundred day moving average is $4.12. 36Kr has a twelve month low of $2.76 and a twelve month high of $12.99. The company has a market cap of $8.31 million, a price-to-earnings ratio of -0.71 and a beta of 0.64.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of 36Kr in a research report on Saturday, March 22nd.

About 36Kr

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.