Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Rating) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 24,300 shares, a drop of 61.6% from the September 30th total of 63,200 shares. Based on an average daily trading volume, of 24,500 shares, the short-interest ratio is currently 1.0 days.

Capcom Stock Up 4.0 %

Capcom stock traded up $0.50 during trading hours on Wednesday, hitting $13.15. 8,996 shares of the company traded hands, compared to its average volume of 13,600. The firm's 50-day simple moving average is $12.96 and its two-hundred day simple moving average is $13.01. Capcom has a 1-year low of $10.60 and a 1-year high of $14.79.

Analyst Upgrades and Downgrades

Several equities analysts have commented on CCOEY shares. Jefferies Financial Group cut shares of Capcom from a "buy" rating to a "hold" rating in a research note on Tuesday, July 12th. The Goldman Sachs Group started coverage on shares of Capcom in a research note on Wednesday, September 7th. They set a "neutral" rating on the stock.

About Capcom

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells packaged and digital game content for consumer home video game platforms, as well as mobile content and PC online games.

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