36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Short Interest Up 253.6% in January

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 5,817 shares, an increase of 253.6% from the December 31st total of 1,645 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 7,671 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 7,671 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 36Kr in a research report on Thursday, October 30th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

36Kr Stock Down 6.0%

Shares of NASDAQ:KRKR traded down $0.26 during trading on Thursday, reaching $4.10. The stock had a trading volume of 12,991 shares, compared to its average volume of 7,200. 36Kr has a fifty-two week low of $3.30 and a fifty-two week high of $21.36. The stock has a market cap of $8.08 million, a P/E ratio of -0.68 and a beta of 0.61. The business has a fifty day moving average price of $4.58 and a 200-day moving average price of $5.41.

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.