Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Sees Significant Decline in Short Interest

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) saw a significant decline in short interest in 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. Based on an average daily trading volume, of 128 shares, the days-to-cover ratio is currently 7,537.5 days. Currently, 0.3% of the company’s shares are sold short.

Square Enix Stock Performance

OTCMKTS:SQNXF opened at $16.02 on Wednesday. The firm’s fifty day simple moving average is $15.68 and its 200 day simple moving average is $17.30. Square Enix has a twelve month low of $14.85 and a twelve month high of $26.07. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 29.66 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. The company had revenue of $517.73 million during the quarter, compared to analysts’ expectations 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.