Short Interest in DarkIris Inc. (NASDAQ:DKI) Drops By 37.8%

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

Institutional Trading of DarkIris

An institutional investor recently bought a new position in DarkIris stock. Scientech Research LLC acquired a new stake in shares of DarkIris Inc. (NASDAQ:DKI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 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 quarter.

Analyst Ratings Changes

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

DarkIris Stock Performance

Shares of DKI traded up $0.01 during mid-day trading on Friday, hitting $0.47. 152,519 shares of the company’s stock traded hands, compared to its average volume of 9,440,969. DarkIris has a 1 year low of $0.30 and a 1 year high of $15.00. The business has a 50-day simple moving average of $0.42.

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