36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Sees Large Drop in Short Interest

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totaling 1,382 shares, a drop of 89.0% from the March 31st total of 12,599 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 12,380 shares, the short-interest ratio is presently 0.1 days.

36Kr Stock Down 4.1%

Shares of 36Kr stock traded down $0.15 during trading on Friday, hitting $3.49. The stock had a trading volume of 5,819 shares, compared to its average volume of 9,735. The stock has a 50 day simple moving average of $3.77 and a 200 day simple moving average of $4.51. The company has a market capitalization of $6.88 million, a PE ratio of -0.58 and a beta of 0.61. 36Kr has a 1 year low of $2.87 and a 1 year high of $21.36.

36Kr (NASDAQ:KRKR) last released its earnings results on Wednesday, March 18th. The company reported $0.54 earnings per share for the quarter. The firm had revenue of $9.63 million during the quarter.

36Kr Company Profile

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.