Short Interest in Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Expands By 58.9%

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 8,900 shares, a growth of 58.9% from the February 28th total of 5,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 63,700 shares, the short-interest ratio is currently 0.1 days.

Nomura Research Institute Price Performance

NRILY stock traded down $0.29 on Friday, hitting $32.51. 27,865 shares of the company’s stock traded hands, compared to its average volume of 52,957. The stock has a market cap of $18.90 billion, a price-to-earnings ratio of 30.96 and a beta of 0.67. Nomura Research Institute has a 1-year low of $24.13 and a 1-year high of $38.24. The company has a current ratio of 1.81, a quick ratio of 1.97 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average of $33.59 and a 200-day moving average of $32.33.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.30 EPS for the quarter. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. On average, analysts forecast that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.