Short Interest in Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Drops By 50.3%

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 964,799 shares, a decline of 50.3% from the April 30th total of 1,940,574 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 128 shares, the days-to-cover ratio is currently 7,537.5 days.

Square Enix Stock Performance

SQNXF stock remained flat at $16.02 during midday trading on Tuesday. The company had a trading volume of 21 shares, compared to its average volume of 76. Square Enix has a 52-week low of $14.85 and a 52-week high of $26.07. The stock has a market capitalization of $5.78 billion, a PE ratio of 29.66 and a beta of 0.50. The stock’s fifty day moving average is $15.68 and its 200-day moving average is $17.30.

Square Enix (OTCMKTS:SQNXF) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, topping 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.