Short Interest in Nobility Homes Inc. (OTCMKTS:NOBH) Increases By 205.0%

Nobility Homes Inc. (OTCMKTS:NOBH) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 61 shares, an increase of 205.0% from the July 30th total of 20 shares. Based on an average trading volume of 610 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Nobility Homes Stock Performance

NOBH stock remained flat at $28.01 during mid-day trading on Thursday. 25 shares of the company’s stock traded hands, compared to its average volume of 479. The firm’s 50 day moving average is $29.62 and its two-hundred day moving average is $29.35. Nobility Homes has a twelve month low of $24.75 and a twelve month high of $35.71. The stock has a market cap of $88.34 million, a price-to-earnings ratio of 11.97 and a beta of 0.16.

Nobility Homes (OTCMKTS:NOBH) last announced its quarterly earnings results on Friday, June 12th. The construction company reported $0.56 EPS for the quarter. Nobility Homes had a net margin of 15.54% and a return on equity of 12.83%. The company had revenue of $12.41 million for the quarter.

Nobility Homes Company Profile

Nobility Homes, Inc (OTCMKTS:NOBH) is a U.S.-based manufacturer and retailer of factory-built housing solutions. The company specializes in the design, production and sale of single- and multi-section manufactured homes, park models and related utility structures. Its offerings are targeted at the affordable housing market and recreational communities, providing a range of floor plans and customization options to meet diverse customer needs.

Production is carried out in company-operated facilities using standardized modular construction techniques.