Short Interest in Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Grows 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 63,700 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

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

Nomura Research Institute Price Performance

Shares of OTCMKTS:NRILY traded down $0.29 during trading on Friday, hitting $32.51. 27,865 shares of the company’s stock were exchanged, compared to its average volume of 52,957. The business’s 50-day simple moving average is $33.59 and its 200 day simple moving average is $32.33. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.81 and a quick ratio of 1.97. Nomura Research Institute has a 52-week low of $24.13 and a 52-week high of $38.24. The company 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 (OTCMKTS:NRILY) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.30 earnings per share (EPS) for the quarter. Nomura Research Institute had a net margin of 11.96% and a return on equity of 21.78%. As a group, equities analysts predict that Nomura Research Institute will post 1.04 EPS for the current year.

About Nomura Research Institute

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.