DeNA Co (OTCMKTS:DNACF) Shares Shorted: Short Interest Down 39.0% in September

DeNA Co (OTCMKTS:DNACF) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,672,938 shares, a decrease of 39.0% from the September 15th total of 2,741,426 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 1.4% of the shares of the company are short sold.

DeNA Price Performance

OTCMKTS DNACF opened at $16.35 on Friday. The company’s fifty day moving average is $15.80 and its two-hundred day moving average is $16.32. DeNA has a 52-week low of $14.43 and a 52-week high of $18.68. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 6.34 and a beta of -0.23.

DeNA (OTCMKTS:DNACF) last issued its earnings results on Wednesday, August 5th. The company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $1.68. The business had revenue of $228.53 million during the quarter, compared to analyst estimates of $241.25 million. DeNA had a return on equity of 15.90% and a net margin of 28.40%.

About DeNA

DeNA Co, Ltd. is a Japanese internet and digital entertainment company headquartered in Tokyo. Founded in 1999 by Tomoko Namba, the company initially operated online commerce and auction services before expanding into mobile gaming and other technology-related businesses.

DeNA’s businesses include the development and operation of mobile and online games, live-streaming services such as Pococha, and digital services for consumers and businesses. The company has also developed healthcare and medical information platforms, including services intended to support health management and communication between patients and medical professionals.

In addition, DeNA has interests in sports and mobility-related businesses.