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

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR – Get Free Report) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 3,835 shares, a drop of 49.4% from the August 15th total of 7,573 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 12,804 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of 36Kr in a report on Friday, July 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, 36Kr presently has an average rating of “Sell”.

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Read Our Latest Analysis on KRKR

36Kr Stock Down 1.3%

Shares of KRKR traded down $0.04 during trading hours on Wednesday, reaching $3.07. The stock had a trading volume of 1,198 shares, compared to its average volume of 8,884. The company has a market cap of $6.05 million, a P/E ratio of -0.90 and a beta of 0.53. 36Kr has a 52 week low of $2.50 and a 52 week high of $8.69. The firm has a 50-day moving average of $2.97 and a 200 day moving average of $3.30.

36Kr Company Profile

(Get Free Report)

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.

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