Short Interest in Capcom Co., Ltd. (OTCMKTS:CCOEY) Declines By 94.9%

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 5,035 shares, a drop of 94.9% from the July 30th total of 98,806 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 87,239 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded Capcom to a “buy” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Capcom presently has a consensus rating of “Moderate Buy”.

Capcom Stock Performance

Shares of OTCMKTS CCOEY opened at $13.31 on Wednesday. The business has a fifty day simple moving average of $11.02 and a 200 day simple moving average of $10.61. The company has a current ratio of 4.59, a quick ratio of 3.50 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of 26.10 and a beta of 0.61. Capcom has a one year low of $8.63 and a one year high of $14.79.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. Capcom had a net margin of 30.13% and a return on equity of 25.35%. The firm had revenue of $429.66 million for the quarter, compared to the consensus estimate of $363.65 million. Sell-side analysts expect that Capcom will post 0.45 EPS for the current year.

About Capcom

Capcom Co, Ltd. is a Japanese video game developer and publisher headquartered in Osaka. Founded in 1979 by Kenzo Tsujimoto, the company has grown into a leading global entertainment brand, creating interactive software and associated licensing businesses. Capcom operates through a network of subsidiaries and distribution partners across North America, Europe and Asia, serving both console and PC markets as well as the expanding digital download sector.

The core of Capcom’s business lies in the development, publishing and licensing of video game titles.