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

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 394,800 shares, an increase of 92.6% from the May 15th total of 205,000 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 987.0 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group began coverage on Square Enix in a report on Tuesday, March 25th. They set a “sell” rating on the stock.

Square Enix Stock Performance

Shares of Square Enix stock opened at $64.00 on Friday. The business’s 50 day moving average price is $55.29 and its 200 day moving average price is $46.95. The company has a market cap of $7.68 billion, a price-to-earnings ratio of 95.52 and a beta of 0.56. Square Enix has a one year low of $28.00 and a one year high of $64.00.

Square Enix (OTCMKTS:SQNXF) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.06 earnings per share (EPS) 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 firm had revenue of $506.53 million during the quarter, compared to analysts’ expectations of $531.54 million. On average, analysts predict that Square Enix will post 1.71 EPS 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.