Capcom Co., Ltd. (OTCMKTS:CCOEY) Shares Shorted: Short Interest Down 74.9% in September

Capcom Co., Ltd. (OTCMKTS:CCOEY) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 6,871 shares, a drop of 74.9% from the August 31st total of 27,420 shares. Based on an average daily volume of 61,220 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Capcom Trading Up 1.6%

Shares of CCOEY stock traded up $0.22 during trading on Friday, reaching $14.15. 10,254 shares of the company’s stock traded hands, compared to its average volume of 25,287. The firm’s 50-day moving average is $12.93 and its 200 day moving average is $11.14. The company has a market capitalization of $15.08 billion, a P/E ratio of 27.75 and a beta of 0.61. Capcom has a 1 year low of $8.63 and a 1 year high of $14.79.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Tuesday, July 28th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.17 by $0.05. The business had revenue of $429.66 million during the quarter, compared to the consensus estimate of $363.65 million. Capcom had a return on equity of 24.90% and a net margin of 30.13%. As a group, sell-side analysts predict that Capcom will post 0.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Nomura raised Capcom to a “buy” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About Capcom

Capcom Co, Ltd. is a Japan-based entertainment company that develops, publishes and distributes video games for consoles, personal computers and mobile devices. The company also operates digital distribution services and engages in licensing, merchandising and related entertainment activities.

Founded in 1979 and headquartered in Osaka, Japan, Capcom is known for internationally recognized franchises including Resident Evil, Monster Hunter, Street Fighter, Devil May Cry, Mega Man and Ace Attorney.