36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Short Interest Up 482.1% in May

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 4,075 shares, a growth of 482.1% from the May 14th total of 700 shares. Based on an average trading volume of 20,075 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of 36Kr from a “sell (e+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

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36Kr Stock Up 1.4%

KRKR traded up $0.04 on Friday, hitting $2.99. The company’s stock had a trading volume of 36,041 shares, compared to its average volume of 20,342. The company’s 50 day simple moving average is $3.61 and its 200-day simple moving average is $4.03. The firm has a market cap of $5.89 million, a P/E ratio of -0.50 and a beta of 0.46. 36Kr has a 12 month low of $2.80 and a 12 month high of $21.36.

36Kr (NASDAQ:KRKR – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.54 EPS for the quarter. The business had revenue of $9.63 million during the quarter.

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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