Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) Sees Large Decline in Short Interest

Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 6,502 shares, a decrease of 67.5% from the August 31st total of 20,000 shares. Based on an average daily trading volume, of 86,275 shares, the short-interest ratio is currently 0.1 days.

Sega Sammy Price Performance

Shares of SGAMY traded up $0.00 during mid-day trading on Friday, reaching $5.15. 1,536 shares of the company were exchanged, compared to its average volume of 6,965. The business has a 50 day simple moving average of $4.55 and a two-hundred day simple moving average of $4.03. Sega Sammy has a 52 week low of $3.20 and a 52 week high of $5.74.

Sega Sammy (OTCMKTS:SGAMY) last released its earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, beating 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

Sega Sammy Holdings Inc is a Japanese entertainment conglomerate formed in 2004 through the merger of Sega Corporation and Sammy Corporation. The group operates through businesses spanning digital entertainment, gaming, amusement equipment and resort development.

Through Sega and its subsidiaries, the company develops and publishes console, personal computer and mobile video games, as well as managing well-known intellectual properties such as Sonic the Hedgehog, Like a Dragon, Persona and Total War.