Konami Group Co. (OTCMKTS:KONMY) Sees Large Increase in Short Interest

Konami Group Co. (OTCMKTS:KONMYGet Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 23 shares, a growth of 666.7% from the April 30th total of 3 shares. Based on an average daily volume of 366 shares, the days-to-cover ratio is currently 0.1 days.

Konami Group Price Performance

Shares of Konami Group stock remained flat at C$59.47 during midday trading on Thursday. 21 shares of the company traded hands, compared to its average volume of 1,831. The business has a 50-day moving average price of C$62.51 and a two-hundred day moving average price of C$66.89. Konami Group has a 52-week low of C$57.94 and a 52-week high of C$88.81.

Konami Group Company Profile

(Get Free Report)

Konami Group is a Tokyo-based entertainment and gaming company with roots dating back to its founding in 1969. Originally established as a jukebox rental and repair business, the company expanded into video game development in the 1980s and later reorganized into its current holding company structure in 2015. Headquartered in Minato, Tokyo, Konami operates as a diversified entertainment firm serving a global audience.

The company’s core business is digital entertainment, encompassing the development, publishing and distribution of video games for consoles, PCs and mobile platforms.

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