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

Nobility Homes Inc. (OTCMKTS:NOBH) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 74 shares, an increase of 362.5% from the June 30th total of 16 shares. Based on an average trading volume of 67 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the shares of the company are short sold.

Nobility Homes Stock Performance

Shares of Nobility Homes stock remained flat at $30.00 during trading hours on Monday. The firm’s fifty day moving average is $29.97 and its 200-day moving average is $29.49. The company has a market capitalization of $94.50 million, a P/E ratio of 12.82 and a beta of 0.14. Nobility Homes has a 12-month low of $24.75 and a 12-month high of $35.71.

Nobility Homes (OTCMKTS:NOBH) last released 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 firm had revenue of $12.41 million during the quarter.

About Nobility Homes

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.