Short Interest in K Wave Media, Ltd. (NASDAQ:KWM) Decreases By 38.3%

Posted by Alanna Baker on Jul 30th, 2026

K Wave Media, Ltd. (NASDAQ:KWM – Get Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 101,458 shares, a decline of 38.3% from the June 30th total of 164,465 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 413,060 shares, the days-to-cover ratio is currently 0.2 days.

K Wave Media Trading Down 31.9%

K Wave Media stock traded down $0.03 during midday trading on Thursday, reaching $0.07. The stock had a trading volume of 3,033,165 shares, compared to its average volume of 1,735,041. K Wave Media has a 12 month low of $0.07 and a 12 month high of $3.99. The firm’s 50-day moving average price is $0.18 and its 200 day moving average price is $0.43.

K Wave Media (NASDAQ:KWM – Get Free Report) last issued its earnings results on Saturday, May 16th. The company reported ($0.88) earnings per share for the quarter. The business had revenue of $15.70 million for the quarter.

Analyst Ratings Changes

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

View Our Latest Research Report on K Wave Media

Institutional Investors Weigh In On K Wave Media

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Anson Funds Management LP bought a new stake in K Wave Media during the 1st quarter valued at $1,984,000. Galaxy Group Investments LLC purchased a new position in shares of K Wave Media in the fourth quarter valued at $164,000. Finally, Jane Street Group LLC purchased a new position in shares of K Wave Media in the second quarter valued at $41,000. Institutional investors own 62.18% of the company’s stock.

About K Wave Media

(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.