Short Interest in Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Increases By 92.6%

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 394,800 shares, a growth of 92.6% from the May 15th total of 205,000 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 987.0 days. Approximately 0.3% of the company's stock are short sold.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group started coverage on Square Enix in a research note on Tuesday, March 25th. They set a "sell" rating on the stock.

Square Enix Stock Up 7.7%

Shares of Square Enix stock traded up $4.59 on Friday, hitting $64.00. 105 shares of the company traded hands, compared to its average volume of 610. The company has a market cap of $7.68 billion, a PE ratio of 95.52 and a beta of 0.56. Square Enix has a 12-month low of $28.00 and a 12-month high of $64.00. The company has a 50-day moving average price of $55.65 and a 200 day moving average price of $47.14.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.15). Square Enix had a net margin of 3.52% and a return on equity of 10.63%. The business had revenue of $506.53 million during the quarter, compared to the consensus estimate of $531.54 million. Equities research analysts anticipate that Square Enix will post 1.71 EPS for the current year.

Square Enix Company Profile

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.