36Kr Holdings Inc. (NASDAQ:KRKR) Short Interest Down 51.7% in March

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

36Kr Stock Performance

KRKR stock traded up $0.29 on Friday, reaching $4.26. The company had a trading volume of 18,981 shares, compared to its average volume of 132,510. The company’s fifty day moving average is $4.55 and its 200 day moving average is $4.12. The company has a market cap of $8.31 million, a P/E ratio of -0.71 and a beta of 0.64. 36Kr has a 1 year low of $2.76 and a 1 year high of $12.99.

Wall Street Analysts Forecast Growth

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

About 36Kr

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.