Konami Group Co. (OTCMKTS:KONMY) Sees Large Decrease in Short Interest

Konami Group Co. (OTCMKTS:KONMY) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8 shares, a decrease of 92.0% from the July 30th total of 100 shares. Based on an average trading volume of 1,066 shares, the days-to-cover ratio is currently 0.0 days.

Konami Group Price Performance

KONMY stock remained flat at C$70.00 during mid-day trading on Tuesday. 117 shares of the company’s stock traded hands, compared to its average volume of 1,608. Konami Group has a 1 year low of C$53.89 and a 1 year high of C$88.81. The business has a fifty day simple moving average of C$59.99 and a 200 day simple moving average of C$61.44.

Konami Group Company Profile

Konami Group is a Tokyo-based entertainment and gaming company with roots dating back to its founding in 1969. Originally established as a jukebox rental and repair business, the company expanded into video game development in the 1980s and later reorganized into its current holding company structure in 2015. Headquartered in Minato, Tokyo, Konami operates as a diversified entertainment firm serving a global audience.

The company’s core business is digital entertainment, encompassing the development, publishing and distribution of video games for consoles, PCs and mobile platforms.