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

Posted by Grant Hamersma on Jul 30th, 2026

K Wave Media, Ltd. (NASDAQ:KWM – Get Free Report) was the recipient of a large decline in short interest during 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 company’s stock are sold short. Based on an average trading volume of 413,060 shares, the days-to-cover ratio is presently 0.2 days.

K Wave Media Stock Performance

Shares of KWM stock traded down $0.03 during trading on Thursday, hitting $0.07. The company’s stock had a trading volume of 3,033,165 shares, compared to its average volume of 1,735,041. The business has a fifty day moving average of $0.18 and a 200-day moving average of $0.43. K Wave Media has a 52 week low of $0.07 and a 52 week high of $3.99.

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

Hedge Funds Weigh In On K Wave Media

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 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 stake in K Wave Media in the fourth quarter worth about $164,000. Finally, Anson Funds Management LP bought a new stake in K Wave Media in the first quarter worth about $1,984,000. 62.18% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on KWM

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.