DarkIris Inc. (NASDAQ:DKI – Get Free Report) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 24,172 shares, a decrease of 43.3% from the June 15th total of 42,605 shares. Based on an average trading volume of 24,023 shares, the short-interest ratio is presently 1.0 days. Currently, 1.9% of the shares of the company are short sold.
DarkIris Stock Performance
Shares of DarkIris stock traded down $0.04 on Thursday, hitting $4.95. The stock had a trading volume of 27,189 shares, compared to its average volume of 314,044. The stock has a 50 day moving average of $5.40 and a 200 day moving average of $6.38. DarkIris has a twelve month low of $3.96 and a twelve month high of $240.00.
Insider Activity at DarkIris
In other DarkIris news, CEO Zhifang Hong purchased 89,285 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average cost of $5.60 per share, for a total transaction of $499,996.00. Following the completion of the purchase, the chief executive officer owned 429,885 shares of the company’s stock, valued at approximately $2,407,356. The trade was a 26.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Institutional Investors Weigh In On DarkIris
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Wall Street Zen upgraded shares of DarkIris to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings raised DarkIris from a “sell (e)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus 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.
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