Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Short Interest Down 42.9% in August

Key Points

• Short interest in Square Enix Holdings decreased by 42.9% in August, dropping from 498,700 shares to 284,700 shares.
• The company's latest earnings report showed earnings per share of $0.29, missing analysts' expectations by $0.15.
• Square Enix's stock is trading flat at $66.78, with a market capitalization of $8.02 billion and a price-to-earnings ratio of 64.84.

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totaling 284,700 shares, a decrease of 42.9% from the July 31st total of 498,700 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 474.5 days. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 474.5 days.

Square Enix Price Performance

OTCMKTS:SQNXF traded down $1.09 during midday trading on Wednesday, reaching $65.69. The stock had a trading volume of 1,803 shares, compared to its average volume of 246. The stock has a market capitalization of $7.89 billion, a P/E ratio of 63.78 and a beta of 0.50. Square Enix has a 1-year low of $33.96 and a 1-year high of $78.20. The firm's fifty day simple moving average is $71.06 and its 200-day simple moving average is $60.17.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.15). The firm had revenue of $410.28 million for the quarter, compared to the consensus estimate of $464.16 million. Square Enix had a net margin of 5.92% and a return on equity of 5.88%. On average, equities research analysts anticipate that Square Enix will post 1.71 earnings per share for the current fiscal year.

About Square Enix

Square Enix Holdings Co, Ltd. operates in the content and service businesses in Japan and internationally. It operates through Digital Entertainment Business, Amusement Business, Publishing Business, and Rights Property Business. The company plans, develops, sells, and manages digital entertainment content primarily in the form of computer games.