Short Interest in 36Kr Holdings Inc. (NASDAQ:KRKR) Declines By 10.2%

36Kr Holdings Inc. (NASDAQ:KRKR) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 23,000 shares, a decline of 10.2% from the March 15th total of 25,600 shares. Based on an average daily volume of 34,200 shares, the short-interest ratio is currently 0.7 days.

36Kr Stock Down 1.5 %

36Kr stock opened at $0.37 on Tuesday. 36Kr has a 52 week low of $0.31 and a 52 week high of $1.10. The firm’s 50-day simple moving average is $0.39 and its 200 day simple moving average is $0.57. The firm has a market capitalization of $14.23 million, a PE ratio of -1.22 and a beta of 0.60.

Institutional Investors Weigh In On 36Kr

An institutional investor recently raised its position in 36Kr stock. Renaissance Technologies LLC increased its holdings in 36Kr Holdings Inc. (NASDAQ:KRKR) by 166.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,800 shares of the company’s stock after buying an additional 18,000 shares during the period. Renaissance Technologies LLC owned about 0.07% of 36Kr worth $30,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.09% of the company’s stock.

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 timely market updates, as well as editorials and commentaries in various industries, such as technology, media and entertainment, consumer, retail, and healthcare.