Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) Shares Shorted: Short Interest Down 67.5% in September

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

Sega Sammy Trading Down 0.6%

Sega Sammy stock traded down $0.03 during mid-day trading on Tuesday, hitting $5.12. 9,201 shares of the company traded hands, compared to its average volume of 6,975. Sega Sammy has a one year low of $3.20 and a one year high of $5.74. The stock has a fifty day moving average price of $4.58 and a 200-day moving average price of $4.04.

Sega Sammy (OTCMKTS:SGAMY) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The company had revenue of $601.69 million during the quarter, compared to the consensus estimate of $604.66 million.

About Sega Sammy

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.