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

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

Analyst Upgrades and Downgrades

Separately, Nomura upgraded Capcom to a “buy” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Capcom Price Performance

Shares of OTCMKTS:CCOEY traded up $0.22 during mid-day trading on Friday, reaching $14.15. 10,254 shares of the company were exchanged, compared to its average volume of 25,287. The firm has a market cap of $15.08 billion, a price-to-earnings ratio of 27.75 and a beta of 0.61. The firm’s 50-day simple moving average is $12.93 and its 200 day simple moving average is $11.14. Capcom has a 1 year low of $8.63 and a 1 year high of $14.79.

Capcom (OTCMKTS:CCOEY) last posted its earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.05. Capcom had a net margin of 30.13% and a return on equity of 24.90%. The firm had revenue of $429.66 million during the quarter, compared to the consensus estimate of $363.65 million. On average, research analysts forecast that Capcom will post 0.48 earnings per share for the current fiscal year.

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.