DarkIris Inc. (NASDAQ:DKI – Get Free Report) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 153,271 shares, a drop of 91.1% from the October 15th total of 1,715,503 shares. Currently, 510.9% of the company’s stock are short sold. Based on an average daily volume of 1,390,713 shares, the days-to-cover ratio is presently 0.1 days.
Wall Street Analysts Forecast Growth
DKI has been the topic of several recent research reports. Weiss Ratings raised DarkIris from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, November 2nd. Wall Street Zen upgraded DarkIris to a “sell” rating in a report on Saturday, October 31st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average rating of “Sell”.
Check Out Our Latest Report on DKI
Institutional Inflows and Outflows
A hedge fund recently raised its stake in DarkIris stock. Renaissance Technologies LLC raised its stake in DarkIris Inc. (NASDAQ:DKI – Free Report) by 145.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 124,942 shares of the company’s stock after acquiring an additional 74,110 shares during the period. Renaissance Technologies LLC owned approximately 9.92% of DarkIris worth $37,000 as of its most recent SEC filing.
DarkIris Stock Up 0.4%
Shares of NASDAQ DKI opened at $1.39 on Friday. The company has a 50 day simple moving average of $59.25 and a two-hundred day simple moving average of $236.54. DarkIris has a fifty-two week low of $1.33 and a fifty-two week high of $968.00.
DarkIris (NASDAQ:DKI – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($37.75) EPS for the quarter. The firm had revenue of $2.96 million during the quarter.
About DarkIris
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.
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