NEXON Co., Ltd. (OTCMKTS:NEXOY) Short Interest Update

NEXON Co., Ltd. (OTCMKTS:NEXOY) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 26,431 shares, a growth of 61.4% from the July 30th total of 16,376 shares. Based on an average daily trading volume, of 29,884 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the shares of the company are sold short.

NEXON Stock Performance

Shares of NEXON stock traded up C$0.12 during trading on Tuesday, reaching C$19.95. The company’s stock had a trading volume of 1,486 shares, compared to its average volume of 37,712. The company has a quick ratio of 5.13, a current ratio of 5.13 and a debt-to-equity ratio of 0.03. The business’s 50-day moving average price is C$15.79 and its 200-day moving average price is C$16.64. NEXON has a 52 week low of C$13.01 and a 52 week high of C$28.82. The firm has a market cap of C$15.83 billion and a PE ratio of 17.97.

NEXON (OTCMKTS:NEXOY) last issued its quarterly earnings data on Thursday, August 13th. The company reported C$0.24 earnings per share for the quarter. NEXON had a net margin of 26.37% and a return on equity of 12.45%. The business had revenue of C$759.75 million during the quarter, compared to analysts’ expectations of C$729.73 million. Equities analysts forecast that NEXON will post 0.74 earnings per share for the current year.

About NEXON

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.