NEXON Co., Ltd. (OTCMKTS:NEXOY) Shares Shorted: Short Interest Down 90.9% in September

NEXON Co., Ltd. (OTCMKTS:NEXOY) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,612 shares, a drop of 90.9% from the September 15th total of 17,640 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 27,466 shares, the days-to-cover ratio is presently 0.1 days.

NEXON Stock Up 4.5%

NEXON stock traded up C$0.74 during mid-day trading on Friday, reaching C$17.15. 13,229 shares of the company were exchanged, compared to its average volume of 34,103. The business has a fifty day moving average of C$18.60 and a 200 day moving average of C$16.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.85 and a current ratio of 5.85. The firm has a market cap of C$13.39 billion and a P/E ratio of 15.45. NEXON has a 12-month low of C$13.01 and a 12-month high of C$28.82.

NEXON (OTCMKTS:NEXOY) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$759.75 million for the quarter, compared to the consensus estimate of C$729.73 million. NEXON had a return on equity of 12.56% and a net margin of 26.37%. Research analysts anticipate that NEXON will post 0.83 earnings per share for the current fiscal year.

About NEXON

NEXON Co, Ltd. is a Japan-based video game company that develops, publishes and operates online games for personal computers, mobile devices and consoles. Its business focuses on long-term, live-service game franchises supported by regular updates, community features and digital content. The company serves players worldwide through regional operations and publishing partnerships.

NEXON’s portfolio includes well-known titles such as MapleStory, Dungeon & Fighter, EA SPORTS FC Online, Blue Archive and THE FINALS.