Short Interest in 36Kr Holdings Inc. (NASDAQ:KRKR) Declines By 73.4%

36Kr Holdings Inc. (NASDAQ:KRKR) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 25,100 shares, a decline of 73.4% from the January 31st total of 94,400 shares. Based on an average daily volume of 422,300 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 36Kr in a report on Wednesday, February 19th.

36Kr Price Performance

Shares of KRKR stock traded up $0.28 during mid-day trading on Friday, hitting $4.51. The company had a trading volume of 56,353 shares, compared to its average volume of 689,414. 36Kr has a 52-week low of $2.76 and a 52-week high of $12.99. The stock’s 50 day moving average price is $4.18 and its 200-day moving average price is $4.25. The company has a market capitalization of $8.79 million, a P/E ratio of -0.75 and a beta of 0.66.

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.