DeNA Co (OTCMKTS:DNACF) Stock Short Interest Declines 39.0%

by · The Markets Daily

DeNA Co (OTCMKTS:DNACF – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 1,672,938 shares, a decrease of 39.0% from the September 15th total of 2,741,426 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Approximately 1.4% of the shares of the stock are short sold.

DeNA Price Performance

DNACF stock remained flat at $16.35 during trading on Friday. The business has a 50 day simple moving average of $15.83 and a 200 day simple moving average of $16.32. The firm has a market capitalization of $2.00 billion, a P/E ratio of 6.34 and a beta of -0.23. DeNA has a 1-year low of $14.43 and a 1-year high of $18.68.

DeNA (OTCMKTS:DNACF – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $1.68. DeNA had a return on equity of 15.90% and a net margin of 28.40%. The firm had revenue of $228.53 million during the quarter, compared to analyst estimates of $241.25 million.

DeNA Company Profile

(Get Free Report)

DeNA Co, Ltd. is a Japanese internet and digital entertainment company headquartered in Tokyo. Founded in 1999 by Tomoko Namba, the company initially operated online commerce and auction services before expanding into mobile gaming and other technology-related businesses.

DeNA’s businesses include the development and operation of mobile and online games, live-streaming services such as Pococha, and digital services for consumers and businesses. The company has also developed healthcare and medical information platforms, including services intended to support health management and communication between patients and medical professionals.

In addition, DeNA has interests in sports and mobility-related businesses.

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