Capcom Co., Ltd. (OTCMKTS:CCOEY) Short Interest Down 82.6% in July

Key Points

• Capcom Co., Ltd. experienced an 82.6% decline in short interest in July, dropping from 40,300 shares to just 7,000 shares.
• The company's earnings exceeded expectations, reporting $0.14 EPS against a consensus of $0.12, and revenue of $305.52 million compared to the forecast of $303.77 million.
• Capcom shares currently trade at $13.76, with a market capitalization of $14.67 billion and a PE ratio of 31.27.

Capcom Co., Ltd. (OTCMKTS:CCOEY - Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 7,000 shares, adropof82.6% from the July 15th total of 40,300 shares. Approximately0.0% of the shares of the company are sold short. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the shares of the company are sold short.

Capcom Stock Performance

Shares of OTCMKTS CCOEY traded down $0.12 during midday trading on Tuesday, reaching $14.36. 18,677 shares of the stock were exchanged, compared to its average volume of 27,044. The firm has a market cap of $15.31 billion, a price-to-earnings ratio of 32.64 and a beta of 0.68. Capcom has a twelve month low of $9.81 and a twelve month high of $17.20. The firm has a 50-day simple moving average of $14.98 and a two-hundred day simple moving average of $13.82. The company has a quick ratio of 2.99, a current ratio of 3.77 and a debt-to-equity ratio of 0.03.

Capcom (OTCMKTS:CCOEY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The business had revenue of $305.52 million for the quarter, compared to analysts' expectations of $303.77 million. Capcom had a net margin of 30.10% and a return on equity of 26.91%. As a group, analysts anticipate that Capcom will post 0.4 EPS for the current fiscal year.

Capcom Company Profile

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms, as well as mobile content and PC online games.