DarkIris Inc. (NASDAQ:DKI) Short Interest Up 94.6% in December

DarkIris Inc. (NASDAQ:DKI) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 72,323 shares, an increase of 94.6% from the December 15th total of 37,159 shares. Based on an average daily trading volume, of 165,294 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 165,294 shares, the short-interest ratio is presently 0.4 days.

DarkIris Stock Performance

NASDAQ DKI traded up $0.02 during trading on Thursday, hitting $0.43. The company’s stock had a trading volume of 39,453 shares, compared to its average volume of 126,637. DarkIris has a fifty-two week low of $0.30 and a fifty-two week high of $15.00. The firm’s 50 day moving average is $0.41.

Institutional Investors Weigh In On DarkIris

A hedge fund recently bought a new stake in DarkIris stock. Scientech Research LLC purchased a new stake in shares of DarkIris Inc. (NASDAQ:DKI) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 33,991 shares of the company’s stock, valued at approximately $44,000. Scientech Research LLC owned about 0.19% of DarkIris as of its most recent filing with the SEC.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of DarkIris in a research note on Saturday, November 1st. They issued a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently 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.