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

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 10,532 shares, an increase of 158.5% from the May 31st total of 4,075 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 68,885 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

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

36Kr Stock Performance

Shares of NASDAQ:KRKR opened at $2.72 on Monday. 36Kr has a twelve month low of $2.52 and a twelve month high of $21.36. The firm has a market cap of $5.36 million, a PE ratio of -0.45 and a beta of 0.46. The business has a fifty day moving average of $3.40 and a 200-day moving average of $3.88.

About 36Kr

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.