Short Interest in Capcom Co., Ltd. (OTCMKTS:CCOEY) Drops By 75.9%

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 4,113 shares, a drop of 75.9% from the May 14th total of 17,080 shares. Based on an average daily volume of 371,054 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Capcom Stock Performance

Shares of CCOEY traded down $0.20 during trading hours on Friday, hitting $8.71. The stock had a trading volume of 128,561 shares, compared to its average volume of 160,788. The firm has a market cap of $9.28 billion, a P/E ratio of 20.25 and a beta of 0.62. The company’s fifty day simple moving average is $10.29 and its 200 day simple moving average is $10.91. Capcom has a 12-month low of $8.64 and a 12-month high of $17.20.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Wednesday, May 13th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.02). Capcom had a return on equity of 22.28% and a net margin of 28.16%.The firm had revenue of $507.80 million during the quarter, compared to analysts’ expectations of $439.00 million. As a group, sell-side analysts predict that Capcom will post 0.45 earnings per share for the current fiscal year.

Capcom Company Profile

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.