Short Interest in K Wave Media, Ltd. (NASDAQ:KWM) Expands By 172.8%

Posted by Casey Walker on May 17th, 2026

K Wave Media, Ltd. (NASDAQ:KWM – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 444,303 shares, a growth of 172.8% from the April 15th total of 162,862 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average trading volume of 528,122 shares, the days-to-cover ratio is currently 0.8 days.

K Wave Media Stock Performance

KWM stock opened at $0.27 on Friday. The business has a 50-day moving average price of $0.48 and a 200 day moving average price of $0.72. K Wave Media has a 1-year low of $0.27 and a 1-year high of $8.48.

K Wave Media (NASDAQ:KWM – Get Free Report) last released its quarterly earnings data on Saturday, May 16th. The company reported ($0.92) earnings per share for the quarter. The company had revenue of $15.70 million during the quarter.

Institutional Trading of K Wave Media

An institutional investor recently bought a new position in K Wave Media stock. Jane Street Group LLC acquired a new stake in K Wave Media, Ltd. (NASDAQ:KWM – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,101 shares of the company’s stock, valued at approximately $41,000. Jane Street Group LLC owned approximately 0.42% of K Wave Media at the end of the most recent reporting period. Institutional investors and hedge funds own 62.18% of the company’s stock.

K Wave Media Company Profile

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K Wave Media engaged in the entertainment content and IP creation businesses. K Wave Media, formerly known as Global Star Acquisition Inc, is based in NEW YORK.