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

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) saw a large increase in short interest during 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 trading volume, of 179 shares, the short-interest ratio is presently 9,229.1 days. Approximately 0.5% of the shares of the stock are short sold.

Square Enix Stock Performance

SQNXF stock opened at $14.05 on Tuesday. Square Enix has a 12-month low of $14.05 and a 12-month high of $26.07. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 26.02 and a beta of 0.50. The business’s 50-day moving average is $15.56 and its 200 day moving average is $16.98.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.04. The firm had revenue of $517.73 million during the quarter, compared to analyst estimates 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.