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

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 1,382 shares, a decline of 89.0% from the March 31st total of 12,599 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,380 shares, the short-interest ratio is presently 0.1 days.

36Kr Price Performance

Shares of KRKR traded down $0.15 during mid-day trading on Friday, hitting $3.49. The company’s stock had a trading volume of 5,819 shares, compared to its average volume of 9,735. The firm has a 50-day moving average price of $3.77 and a 200 day moving average price of $4.51. The stock has a market capitalization of $6.88 million, a price-to-earnings ratio of -0.58 and a beta of 0.61. 36Kr has a fifty-two week low of $2.87 and a fifty-two week high of $21.36.

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

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.