Nobility Homes Inc. (OTCMKTS:NOBH) Sees Large Growth in Short Interest

Nobility Homes Inc. (OTCMKTS:NOBH) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 61 shares, a growth of 134.6% from the August 31st total of 26 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,149 shares, the days-to-cover ratio is currently 0.1 days.

Nobility Homes Stock Performance

Shares of OTCMKTS NOBH opened at $27.50 on Tuesday. Nobility Homes has a 12-month low of $24.02 and a 12-month high of $35.00. The company has a market cap of $86.62 million, a price-to-earnings ratio of 11.55 and a beta of 0.16. The stock’s 50 day simple moving average is $28.37 and its 200 day simple moving average is $29.13.

Nobility Homes (OTCMKTS:NOBH) last issued its quarterly earnings data on Friday, September 11th. The construction company reported $0.60 EPS for the quarter. Nobility Homes had a return on equity of 12.96% and a net margin of 15.65%.The firm had revenue of $12.14 million during the quarter.

Nobility Homes Company Profile

Nobility Homes, Inc is a Florida-based manufacturer and retailer of manufactured homes. The company designs and produces factory-built residential housing in a range of floor plans and configurations for customers seeking affordable homeownership options.

Nobility Homes markets its homes primarily through retail sales centers in Florida. Its business activities include the manufacture, sale and delivery of manufactured homes, along with related customer services associated with the purchase and installation of these residences.

Founded in 1967, Nobility Homes has historically focused on serving the Florida manufactured-housing market.