Nomura Research Institute (OTCMKTS:NRILY) Short Interest Up 319.5% in July

Nomura Research Institute (OTCMKTS:NRILY) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 40,725 shares, a growth of 319.5% from the June 30th total of 9,708 shares. Based on an average daily trading volume, of 97,279 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Nomura Research Institute Price Performance

Shares of NRILY stock traded up $1.53 during trading hours on Monday, hitting $31.82. 16,187 shares of the company’s stock were exchanged, compared to its average volume of 103,249. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.49. The firm has a market cap of $17.86 billion, a P/E ratio of 144.66, a P/E/G ratio of 1.74 and a beta of 0.71. The firm has a 50 day moving average of $29.62 and a two-hundred day moving average of $29.62. Nomura Research Institute has a fifty-two week low of $22.73 and a fifty-two week high of $43.20.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings results on Friday, April 24th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $227 billion. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. Sell-side analysts forecast that Nomura Research Institute will post 1.39 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Nomura Research Institute currently has an average rating of “Hold”.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.