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

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,620 shares, a decline of 46.6% from the June 15th total of 10,532 shares. Based on an average daily volume of 13,227 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.5% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

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

36Kr Trading Down 4.4%

NASDAQ:KRKR traded down $0.12 on Thursday, hitting $2.62. 5,732 shares of the stock were exchanged, compared to its average volume of 19,622. The stock has a market cap of $5.17 million, a PE ratio of -0.77 and a beta of 0.49. The stock has a fifty day moving average of $3.15 and a 200-day moving average of $3.72. 36Kr has a fifty-two week low of $2.52 and a fifty-two week high of $21.36.

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.