DarkIris Inc. (NASDAQ:DKI) Stock Short Interest Report for October

DarkIris Inc. (NASDAQ:DKI) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 1,715,503 shares, an increase of 3,679.0% from the September 30th total of 45,396 shares. Based on an average daily volume of 45,211,423 shares, the short-interest ratio is presently 0.0 days. Approximately 5,718.3% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of DarkIris from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.

DarkIris Stock Down 10.2%

Shares of NASDAQ:DKI traded down $0.22 during trading on Monday, hitting $1.94. 237,564 shares of the company traded hands, compared to its average volume of 99,753. The business’s fifty day moving average is $111.37 and its 200-day moving average is $257.94. DarkIris has a one year low of $1.81 and a one year high of $968.00.

DarkIris (NASDAQ:DKI) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($37.75) earnings per share (EPS) for the quarter. The firm had revenue of $2.96 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in DarkIris stock. Renaissance Technologies LLC increased its stake in DarkIris Inc. (NASDAQ:DKI) by 145.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 124,942 shares of the company’s stock after purchasing an additional 74,110 shares during the quarter. Renaissance Technologies LLC owned approximately 9.92% of DarkIris worth $37,000 at the end of the most recent reporting period.

DarkIris Company Profile

DarkIris Inc is a holding company incorporated as an exempted company on May 31, 2024 under the laws of the Cayman Islands. We operate substantially all of our business through our subsidiaries in Hong Kong, namely Quantum Arts Co, Limited (“Quantum”) and Hongkong Stellar Wisdom Co, Limited (“Stellar”). Operated in Hong Kong, we are a comprehensive technology enterprise engaged in the development, publishing and operating of mobile digital games via various third-party digital storefronts. Our activities encompass including game design, programming and graphics, as well as distribution and operation of mobile games on various platforms.