Short Interest in K Wave Media, Ltd. (NASDAQ:KWM) Declines By 95.2%

Posted by Stanley Muller on Aug 25th, 2026

K Wave Media, Ltd. (NASDAQ:KWM – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 59,019 shares, a drop of 95.2% from the July 30th total of 1,230,606 shares. Based on an average daily volume of 241,259 shares, the short-interest ratio is currently 0.2 days. Currently, 7.9% of the company’s shares are sold short.

Institutional Trading of K Wave Media

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in K Wave Media during the 2nd quarter worth approximately $41,000. Galaxy Group Investments LLC acquired a new stake in K Wave Media in the fourth quarter valued at approximately $164,000. Finally, Anson Funds Management LP bought a new stake in shares of K Wave Media during the first quarter valued at approximately $1,984,000. 62.18% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered K Wave Media from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, K Wave Media has a consensus rating of “Sell”.

View Our Latest Research Report on K Wave Media

K Wave Media Trading Down 7.6%

KWM traded down $0.13 during midday trading on Tuesday, hitting $1.58. The company had a trading volume of 164,328 shares, compared to its average volume of 729,673. K Wave Media has a 52 week low of $1.50 and a 52 week high of $99.90. The stock’s 50 day moving average price is $3.52 and its 200 day moving average price is $10.50.

K Wave Media Company Profile

(Get Free Report)

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.