DeNA Co., Ltd. (OTCMKTS:DNACF) Sees Large Growth in Short Interest

DeNA Co., Ltd. (OTCMKTS:DNACF - Get Free Report) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 792,500 shares, an increase of 183.3% from the May 15th total of 279,700 shares. Currently, 0.7% of the company's stock are short sold. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 7,925.0 days.

DeNA Price Performance

Shares of OTCMKTS DNACF remained flat at $17.46 during mid-day trading on Friday. The company has a 50-day simple moving average of $21.96 and a two-hundred day simple moving average of $20.80. DeNA has a 52-week low of $9.23 and a 52-week high of $25.70. The company has a market capitalization of $1.94 billion, a P/E ratio of 16.02 and a beta of 0.01. The company has a current ratio of 2.69, a quick ratio of 2.54 and a debt-to-equity ratio of 0.12.

DeNA (OTCMKTS:DNACF - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.38. DeNA had a return on equity of 8.10% and a net margin of 12.24%. The business had revenue of $315.10 million for the quarter, compared to analyst estimates of $346.94 million.

About DeNA

DeNA Co, Ltd. develops and operates mobile and online services worldwide. It operates Mobage, an entertainment platform; Yahoo! Mobage, which offers social games for PC browsers; AndApp, a platform that allows users to play mobile game apps on PC browsers under the same user account; Pococha, a social live streaming community; and IRIAM, an app which allows to livestream as an anime character.