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

DarkIris Inc. (NASDAQ:DKI) was the recipient of a significant drop in short interest in October. As of October 30th, there was short interest totaling 153,271 shares, a drop of 91.1% from the October 15th total of 1,715,503 shares. Based on an average daily trading volume, of 1,390,713 shares, the short-interest ratio is presently 0.1 days. Currently, 510.9% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DKI shares. Weiss Ratings upgraded shares of DarkIris from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, November 2nd. Wall Street Zen raised shares of DarkIris to a “sell” rating in a research report on Saturday, October 31st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Trading of DarkIris

An institutional investor recently raised its position in DarkIris stock. Renaissance Technologies LLC lifted its position in shares of DarkIris Inc. (NASDAQ:DKI) by 145.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 124,942 shares of the company’s stock after purchasing an additional 74,110 shares during the period. Renaissance Technologies LLC owned 9.92% of DarkIris worth $37,000 at the end of the most recent quarter.

DarkIris Trading Down 6.1%

DarkIris stock traded down $0.09 during trading on Thursday, hitting $1.38. 147,240 shares of the company were exchanged, compared to its average volume of 366,288. The business’s 50 day moving average is $59.25 and its 200 day moving average is $236.54. DarkIris has a 52 week low of $1.33 and a 52 week high of $968.00.

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

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.