Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Short Interest Up 71.2% in May

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,652,001 shares, an increase of 71.2% from the May 14th total of 964,799 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 179 shares, the days-to-cover ratio is currently 9,229.1 days.

Square Enix Stock Up 13.9%

Shares of SQNXF opened at $16.00 on Wednesday. The firm has a market cap of $5.77 billion, a PE ratio of 29.63 and a beta of 0.50. The company’s fifty day moving average is $15.56 and its two-hundred day moving average is $16.96. Square Enix has a fifty-two week low of $14.05 and a fifty-two week high of $26.07.

Square Enix (OTCMKTS:SQNXF) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. The company had revenue of $517.73 million during the quarter, compared to analyst estimates of $482.68 million.

Square Enix Company Profile

Square Enix Holdings Co, Ltd., trading in the U.S. over-the-counter as SQNXF, is a Tokyo-based entertainment company widely recognized for its development and publishing of interactive digital entertainment. Formed in 2003 through the merger of Square Co, Ltd. and Enix Corporation, the company has built a reputation for producing narrative-driven role-playing game (RPG) franchises. Its flagship series include Final Fantasy, Dragon Quest and Kingdom Hearts, each of which has generated critical acclaim, spin-off media and merchandising opportunities around the world.

The company’s core business activities span the creation, marketing and distribution of video game software across console, PC and mobile platforms.