Capcom Co., Ltd. (OTCMKTS:CCOEY) Stock Short Interest Jumps 374.4%

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 32,595 shares, a growth of 374.4% from the September 15th total of 6,871 shares. Based on an average daily volume of 43,329 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s stock are sold short.

Capcom Stock Performance

CCOEY opened at $13.79 on Monday. Capcom has a one year low of $8.63 and a one year high of $14.56. The company has a market cap of $14.70 billion, a P/E ratio of 27.04 and a beta of 0.62. The business’s 50-day simple moving average is $13.47 and its 200-day simple moving average is $11.34.

Capcom (OTCMKTS:CCOEY) last posted its earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.05. The firm had revenue of $429.66 million during the quarter, compared to analysts’ expectations of $363.65 million. Capcom had a return on equity of 24.90% and a net margin of 30.13%. As a group, analysts predict that Capcom will post 0.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Nomura downgraded shares of Capcom from a “buy” rating to a “neutral” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Capcom Company Profile

Capcom Co, Ltd. is a Japan-based entertainment company that develops, publishes and distributes video games and related digital content. The company’s products are available across console, personal computer, mobile and arcade platforms, and it also operates businesses connected with arcade equipment and amusement facilities.

Founded in 1979 and headquartered in Osaka, Japan, Capcom is known for internationally recognized franchises including Resident Evil, Monster Hunter, Street Fighter, Devil May Cry, Mega Man and Ace Attorney.