Short Interest in 36Kr Holdings Inc. (NASDAQ:KRKR) Drops By 51.7%

36Kr Holdings Inc. (NASDAQ:KRKR) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 13,000 shares, a decrease of 51.7% from the February 28th total of 26,900 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 422,800 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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

36Kr Stock Performance

KRKR traded up $0.29 on Friday, hitting $4.26. 18,981 shares of the company were exchanged, compared to its average volume of 132,510. The business’s fifty day moving average is $4.55 and its 200 day moving average is $4.12. 36Kr has a fifty-two week low of $2.76 and a fifty-two week high of $12.99. The firm has a market capitalization of $8.31 million, a P/E ratio of -0.71 and a beta of 0.64.

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.