Short Interest in Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) Increases By 71.7%

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 183,700 shares, a growth of 71.7% from the March 15th total of 107,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 306.2 days. Currently, 0.2% of the company's stock are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Square Enix in a research report on Tuesday, March 25th. They issued a "sell" rating for the company.

Square Enix Price Performance

Shares of SQNXF remained flat at $46.13 during trading hours on Friday. Square Enix has a 12-month low of $27.98 and a 12-month high of $49.19. The company has a market capitalization of $5.54 billion, a PE ratio of 68.85 and a beta of 0.30. The company has a 50 day moving average of $45.83 and a 200-day moving average of $41.55.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last announced its earnings results on Monday, February 10th. The company reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.24. Square Enix had a return on equity of 10.63% and a net margin of 3.52%. Research analysts expect that Square Enix will post 1.71 earnings per share for the current fiscal year.

Square Enix Company Profile

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.