Nomura Research Institute (OTCMKTS:NRILY) Sees Significant Growth in Short Interest

Nomura Research Institute (OTCMKTS:NRILY) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 13,721 shares, a growth of 342.9% from the August 31st total of 3,098 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 37,887 shares, the short-interest ratio is currently 0.4 days.

Nomura Research Institute Stock Up 2.0%

NRILY stock traded up $0.62 during trading on Friday, reaching $32.21. The stock had a trading volume of 13,488 shares, compared to its average volume of 17,625. Nomura Research Institute has a one year low of $22.73 and a one year high of $42.93. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.56. The company’s 50 day moving average is $31.74 and its two-hundred day moving average is $29.76. The company has a market capitalization of $18.08 billion, a price-to-earnings ratio of 140.04 and a beta of 0.71.

Nomura Research Institute (OTCMKTS:NRILY) last announced its earnings results on Thursday, July 30th. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $206.14 billion. Nomura Research Institute had a return on equity of 4.38% and a net margin of 2.41%. Equities research analysts forecast that Nomura Research Institute will post 1.38 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Nomura Research Institute presently has a consensus rating of “Hold”.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) is a Japanese consulting and information technology services company headquartered in Tokyo. The company helps businesses and government organizations address strategic, operational and technology-related challenges through management consulting, digital transformation services and systems integration.

NRI’s business includes financial IT solutions for banks, securities firms, asset managers and other financial institutions, as well as industrial IT solutions for companies in sectors such as retail, manufacturing and telecommunications.