36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) Short Interest Up 203.8% in September

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 24,000 shares, a growth of 203.8% from the August 31st total of 7,900 shares. Based on an average daily volume of 153,600 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 153,600 shares, the days-to-cover ratio is currently 0.2 days.

36Kr Trading Up 0.1%

KRKR opened at $7.28 on Friday. 36Kr has a 12-month low of $2.76 and a 12-month high of $21.36. The company has a market cap of $14.34 million, a price-to-earnings ratio of -1.21 and a beta of 0.66. The company’s 50 day moving average is $6.10 and its 200 day moving average is $5.47.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of 36Kr in a report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, 36Kr currently has a consensus rating of “Sell”.

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.