Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) Short Interest Down 75.0% in December

Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 75.0% from the December 15th total of 400 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is presently 0.0 days.

Separately, JPMorgan Chase & Co. raised Sega Sammy from a “neutral” rating to an “overweight” rating in a research report on Friday, January 8th.

Shares of SGAMY traded up $0.06 during trading hours on Wednesday, hitting $3.92. The company had a trading volume of 297 shares, compared to its average volume of 14,214. The firm has a fifty day moving average price of $3.73 and a 200-day moving average price of $3.24. Sega Sammy has a 52-week low of $2.48 and a 52-week high of $4.05.

Sega Sammy (OTCMKTS:SGAMY) last issued its earnings results on Friday, November 6th. The company reported ($0.18) earnings per share for the quarter. The business had revenue of $582.75 million during the quarter.

About Sega Sammy

Sega Sammy Holdings Inc, through its subsidiaries, engages in the game machine, entertainment contents, and resort businesses. The company's Pachislot and Pachinko Machines Business segment develops, manufactures, and sells pachislot and pachinko machines. Its Entertainment Contents Business segment is involved in the development and sale of digital game software, packaged game software, and amusement machines; development and operation of amusement centers; planning, production, and sale of animated films; and development, manufacture, and sale of toys.

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