Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Short Interest Update

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,382,500 shares, a growth of 186.4% from the September 15th total of 482,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 6,912.5 days. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 6,912.5 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein lowered shares of Square Enix from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 30th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat.com, Square Enix has a consensus rating of “Sell”.

Square Enix Stock Performance

SQNXF stock opened at $20.20 on Tuesday. The firm has a 50 day moving average of $53.83 and a 200-day moving average of $59.16. Square Enix has a 12 month low of $11.32 and a 12 month high of $26.07. The firm has a market capitalization of $7.28 billion, a P/E ratio of 58.84 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF) last released its quarterly earnings data on Friday, August 8th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.15). Square Enix had a net margin of 5.92% and a return on equity of 5.88%. The firm had revenue of $410.28 million during the quarter, compared to the consensus estimate of $464.16 million. Sell-side analysts predict that Square Enix will post 1.71 EPS for the current year.

About Square Enix

Square Enix Holdings Co, Ltd. operates in the content and service businesses in Japan and internationally. It operates through Digital Entertainment Business, Amusement Business, Publishing Business, and Rights Property Business. The company plans, develops, sells, and manages digital entertainment content primarily in the form of computer games.