DarkIris Inc. (NASDAQ:DKI) Sees Significant Drop in Short Interest

DarkIris Inc. (NASDAQ:DKIGet Free Report) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 46,472 shares, a decline of 35.7% from the December 31st total of 72,323 shares. Based on an average daily volume of 138,955 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 138,955 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of DarkIris in a report on Thursday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on DKI

Hedge Funds Weigh In On DarkIris

An institutional investor recently bought a new position in DarkIris stock. Scientech Research LLC bought a new stake in DarkIris Inc. (NASDAQ:DKIFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 33,991 shares of the company’s stock, valued at approximately $44,000. Scientech Research LLC owned 0.19% of DarkIris as of its most recent SEC filing.

DarkIris Stock Down 7.7%

Shares of DKI traded down $0.03 during trading on Friday, reaching $0.33. The company’s stock had a trading volume of 52,821,625 shares, compared to its average volume of 2,999,626. The business’s fifty day moving average price is $0.39. DarkIris has a twelve month low of $0.30 and a twelve month high of $15.00.

DarkIris (NASDAQ:DKIGet Free Report) last released its quarterly earnings results on Friday, January 30th. The company reported ($0.28) earnings per share for the quarter. The firm had revenue of $2.44 million for the quarter.

About DarkIris

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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.

Further Reading

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