Capcom Co., Ltd. (OTCMKTS:CCOEY) Sees Significant Growth in Short Interest

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 117,544 shares, a growth of 153.5% from the March 15th total of 46,369 shares. Based on an average daily trading volume, of 246,642 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Capcom Trading Up 3.1%

OTCMKTS CCOEY opened at $10.73 on Tuesday. The business’s 50-day moving average price is $10.64 and its 200 day moving average price is $11.83. Capcom has a twelve month low of $9.77 and a twelve month high of $17.20. The company has a market capitalization of $11.44 billion, a PE ratio of 21.04 and a beta of 0.70.

Capcom (OTCMKTS:CCOEY) last released its earnings results on Tuesday, January 27th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. Capcom had a return on equity of 26.93% and a net margin of 32.82%.The firm had revenue of $221.79 million for the quarter, compared to the consensus estimate of $223.38 million. Equities analysts predict that Capcom will post 0.4 EPS for the current year.

About Capcom

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.