Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Short Interest Up 71.2% in May

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,652,001 shares, an increase of 71.2% from the May 14th total of 964,799 shares. Based on an average daily volume of 179 shares, the short-interest ratio is presently 9,229.1 days. Currently, 0.5% of the shares of the company are sold short.

Square Enix Stock Performance

Shares of SQNXF stock opened at $14.05 on Monday. The firm’s 50 day moving average is $15.60 and its 200 day moving average is $17.02. The stock has a market capitalization of $5.07 billion, a P/E ratio of 26.02 and a beta of 0.50. Square Enix has a 12 month low of $14.05 and a 12 month high of $26.07.

Square Enix (OTCMKTS:SQNXF) last posted its earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. The company had revenue of $517.73 million for the quarter, compared to analysts’ expectations of $482.68 million.

About Square Enix

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.