NI Holdings, Inc. (NASDAQ:NODK) Short Interest Down 27.3% in November

NI Holdings, Inc. (NASDAQ:NODK) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 26,100 shares, a decline of 27.3% from the October 31st total of 35,900 shares. Based on an average daily volume of 29,000 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the shares of the company are short sold.

NI Trading Up 1.4 %

NASDAQ NODK traded up $0.22 during trading on Friday, reaching $16.14. The company’s stock had a trading volume of 6,457 shares, compared to its average volume of 18,640. The firm has a market capitalization of $333.29 million, a price-to-earnings ratio of -56.86 and a beta of 0.36. NI has a 12 month low of $12.71 and a 12 month high of $16.74. The firm has a 50 day moving average price of $15.63 and a 200 day moving average price of $15.39.

Institutional Trading of NI

A number of institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its holdings in NI by 5.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 23,787 shares of the company’s stock valued at $364,000 after purchasing an additional 1,246 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of NI by 2.2% during the 2nd quarter. Renaissance Technologies LLC now owns 59,991 shares of the company’s stock worth $918,000 after acquiring an additional 1,300 shares during the period. Creative Planning lifted its holdings in shares of NI by 14.8% during the 3rd quarter. Creative Planning now owns 15,533 shares of the company’s stock worth $244,000 after acquiring an additional 2,000 shares during the period. Geode Capital Management LLC lifted its holdings in shares of NI by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 169,290 shares of the company’s stock worth $2,655,000 after acquiring an additional 3,092 shares during the period. Finally, Barclays PLC lifted its holdings in shares of NI by 44.0% during the 3rd quarter. Barclays PLC now owns 24,687 shares of the company’s stock worth $387,000 after acquiring an additional 7,549 shares during the period. Institutional investors own 21.89% of the company’s stock.

NI Company Profile

NI Holdings, Inc underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.