Short Interest in Capcom Co., Ltd. (OTCMKTS:CCOEY) Expands By 444.6%

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 27,420 shares, an increase of 444.6% from the August 15th total of 5,035 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 46,636 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Capcom Stock Up 1.3%

Shares of CCOEY stock traded up $0.17 during trading hours on Friday, hitting $13.75. 19,710 shares of the company were exchanged, compared to its average volume of 30,053. Capcom has a 1 year low of $8.63 and a 1 year high of $14.79. The firm has a fifty day moving average of $12.17 and a 200 day moving average of $10.91. The firm has a market cap of $14.66 billion, a PE ratio of 26.96 and a beta of 0.61.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. Capcom had a net margin of 30.13% and a return on equity of 24.90%. The company had revenue of $429.66 million for the quarter, compared to the consensus estimate of $363.65 million. Analysts expect that Capcom will post 0.48 earnings per share for the current 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.