36Kr Holdings Inc. (NASDAQ:KRKR) Sees Large Decline in Short Interest

36Kr Holdings Inc. (NASDAQ:KRKR) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,700 shares, a drop of 57.5% from the December 15th total of 4,000 shares. Based on an average daily volume of 16,800 shares, the short-interest ratio is currently 0.1 days.

36Kr Price Performance

Shares of 36Kr stock traded down $0.08 during trading on Tuesday, reaching $3.21. 3,914 shares of the company traded hands, compared to its average volume of 22,652. The firm has a market capitalization of $6.26 million, a PE ratio of -0.54 and a beta of 0.56. 36Kr has a 1-year low of $2.76 and a 1-year high of $12.20. The company has a 50 day moving average price of $3.35 and a 200-day moving average price of $4.44.

36Kr Company Profile

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.