36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Sees Large Growth in Short Interest

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 24,000 shares, an increase of 203.8% from the August 31st total of 7,900 shares. Based on an average daily trading volume, of 153,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 153,600 shares, the short-interest ratio is currently 0.2 days.

36Kr Trading Up 0.1%

36Kr stock opened at $7.28 on Friday. 36Kr has a 12 month low of $2.76 and a 12 month high of $21.36. The stock has a fifty day simple moving average of $6.10 and a two-hundred day simple moving average of $5.47. The firm has a market cap of $14.34 million, a price-to-earnings ratio of -1.21 and a beta of 0.66.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of 36Kr in a report on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

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.