Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) Stock Short Interest Falls 58.3%

Sega Sammy Holdings Inc. (OTCMKTS:SGAMY – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 6,017 shares, a drop of 58.3% from the September 30th total of 14,426 shares. Based on an average trading volume of 2,580 shares, the short-interest ratio is presently 2.3 days.

Sega Sammy Stock Performance

Shares of OTCMKTS SGAMY opened at $5.10 on Friday. The business’s 50 day moving average is $4.95 and its 200-day moving average is $4.14. Sega Sammy has a 1-year low of $3.20 and a 1-year high of $5.35.

Sega Sammy (OTCMKTS:SGAMY – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $601.69 million for the quarter, compared to analyst estimates of $604.66 million.

Sega Sammy Company Profile

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Sega Sammy Holdings Inc is a Japanese entertainment group formed in 2004 through the integration of Sega Corporation and Sammy Corporation. The company operates through businesses focused on entertainment content, pachislot and pachinko machines, and resort development.

Through Sega and its affiliated companies, Sega Sammy develops and publishes console, PC, mobile and arcade video games. Its portfolio includes internationally recognized franchises such as Sonic the Hedgehog, Like a Dragon, Persona and Total War, as well as related animation, film, merchandising and other entertainment content.

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