DarkIris Inc. (NASDAQ:DKI) Short Interest Down 37.8% in January

DarkIris Inc. (NASDAQ:DKI) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 28,899 shares, a decline of 37.8% from the January 15th total of 46,472 shares. Based on an average trading volume of 5,859,771 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 5,859,771 shares, the days-to-cover ratio is presently 0.0 days.

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 shares of DarkIris Inc. (NASDAQ:DKI) in the 3rd quarter, according to the company in its most recent 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 about 0.19% of DarkIris at the end of the most recent reporting period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of DarkIris in a research report on Thursday, January 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, DarkIris has an average rating of “Sell”.

DarkIris Stock Performance

Shares of DKI stock traded down $0.03 during trading hours on Friday, hitting $0.43. 185,392 shares of the company were exchanged, compared to its average volume of 14,084,955. DarkIris has a one year low of $0.30 and a one year high of $15.00. The firm has a 50-day moving average price of $0.42.

DarkIris (NASDAQ:DKI) last announced its quarterly earnings data on Friday, January 30th. The company reported ($0.28) earnings per share (EPS) for the quarter. The business had revenue of $2.44 million during the quarter.

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.