K Wave Media, Ltd. (NASDAQ:KWM) Short Interest Down 86.9% in June

Posted by Jessica Moore on Jun 27th, 2026

K Wave Media, Ltd. (NASDAQ:KWM – Get Free Report) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 30,845 shares, a decline of 86.9% from the May 31st total of 234,872 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,730,364 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of K Wave Media from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Research Report on K Wave Media

K Wave Media Price Performance

NASDAQ:KWM traded down $0.00 during midday trading on Friday, hitting $0.17. 777,503 shares of the stock were exchanged, compared to its average volume of 2,215,158. K Wave Media has a one year low of $0.16 and a one year high of $5.70. The business has a 50-day moving average price of $0.27 and a two-hundred day moving average price of $0.49.

K Wave Media (NASDAQ:KWM – Get Free Report) last announced its earnings results on Saturday, May 16th. The company reported ($0.92) EPS for the quarter. The firm had revenue of $15.70 million during the quarter.

Institutional Investors Weigh In On K Wave Media

Several large investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new position in K Wave Media during the second quarter valued at about $41,000. Galaxy Group Investments LLC bought a new position in K Wave Media during the fourth quarter worth $164,000. Finally, Anson Funds Management LP bought a new stake in K Wave Media in the 1st quarter valued at $1,984,000. Institutional investors own 62.18% of the company’s stock.

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.