DarkIris Inc. (NASDAQ:DKI) Short Interest Update

DarkIris Inc. (NASDAQ:DKI) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,653 shares, a decrease of 80.2% from the August 15th total of 68,953 shares. Based on an average daily trading volume, of 52,042 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.1% of the company’s shares are sold short.

DarkIris Trading Up 2.4%

Shares of DarkIris stock traded up $0.06 on Friday, reaching $2.53. 2,664 shares of the stock were exchanged, compared to its average volume of 319,539. The business has a 50 day moving average price of $4.04 and a two-hundred day moving average price of $5.49. DarkIris has a twelve month low of $2.38 and a twelve month high of $188.80.

DarkIris (NASDAQ:DKI) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.76) earnings per share (EPS) for the quarter. The business had revenue of $2.96 million for the quarter.

Hedge Funds Weigh In On DarkIris

An institutional investor recently bought a new position in DarkIris stock. Scientech Research LLC acquired a new position in shares of DarkIris Inc. (NASDAQ:DKI) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 33,991 shares of the company’s stock, valued at approximately $44,000. Scientech Research LLC owned 0.19% of DarkIris at the end of the most recent reporting period.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DKI. Wall Street Zen raised DarkIris to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of DarkIris in a report on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, DarkIris has an average rating of “Sell”.

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.