Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) Stock Short Interest Jumps 121.9%

Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 14,426 shares, an increase of 121.9% from the September 15th total of 6,502 shares. Based on an average trading volume of 5,566 shares, the days-to-cover ratio is currently 2.6 days.

Sega Sammy Price Performance

OTCMKTS SGAMY opened at $4.88 on Tuesday. Sega Sammy has a 52-week low of $3.20 and a 52-week high of $5.35. The company has a fifty day moving average of $4.78 and a 200-day moving average of $4.11.

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