NEXON Co., Ltd. (OTCMKTS:NEXOY) Sees Significant Decline in Short Interest

Posted by Stuart Ham on Jul 29th, 2026

NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 63,935 shares, a drop of 42.5% from the June 30th total of 111,277 shares. Based on an average trading volume of 105,915 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

NEXON Price Performance

NEXOY traded up C$0.85 during trading on Wednesday, hitting C$16.07. 3,310 shares of the stock traded hands, compared to its average volume of 41,475. The business has a 50 day moving average price of C$13.96 and a 200 day moving average price of C$17.98. NEXON has a twelve month low of C$13.01 and a twelve month high of C$28.82. The company has a market cap of C$12.76 billion and a price-to-earnings ratio of 15.92.

NEXON (OTCMKTS:NEXOY – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$970.34 million during the quarter, compared to analyst estimates of C$1.05 billion.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded NEXON to a “hold” rating in a research note on Friday, April 10th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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NEXON Company Profile

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NEXON Co, Ltd. operates as a global developer and publisher of online games, primarily focusing on free-to-play multiplayer titles across PC and mobile platforms. The company’s portfolio spans a range of genres, including massively multiplayer online role-playing games (MMORPGs), action titles and sports simulations. NEXON generates revenue through in-game purchases and virtual item sales, offering players optional enhancements, cosmetic items and game passes.

Founded in 1994 by Kim Jung-ju in South Korea, NEXON released its first major title, Nexus: The Kingdom of the Winds, in 1996.