DarkIris Inc. (NASDAQ:DKI) Stock Short Interest Report for October

DarkIris Inc. (NASDAQ:DKI) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,715,503 shares, a growth of 3,679.0% from the September 30th total of 45,396 shares. Based on an average daily volume of 45,211,423 shares, the short-interest ratio is currently 0.0 days. Approximately 5,718.3% of the company’s stock are sold short.

DarkIris Trading Down 7.5%

Shares of DarkIris stock traded down $0.14 during trading hours on Tuesday, reaching $1.79. 132,129 shares of the stock traded hands, compared to its average volume of 99,939. DarkIris has a one year low of $1.65 and a one year high of $968.00. The company has a 50 day moving average price of $111.37 and a 200 day moving average price of $257.94.

DarkIris (NASDAQ:DKI) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($37.75) earnings per share for the quarter. The firm had revenue of $2.96 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its position in DarkIris stock. Renaissance Technologies LLC lifted its stake in DarkIris Inc. (NASDAQ:DKI) by 145.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,942 shares of the company’s stock after purchasing an additional 74,110 shares during the period. Renaissance Technologies LLC owned 9.92% of DarkIris worth $37,000 at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of DarkIris from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently 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.