Nintendo Co. (OTCMKTS:NTDOY) Sees Large Decrease in Short Interest

Nintendo Co. (OTCMKTS:NTDOY) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 3,484,703 shares, a drop of 40.3% from the July 15th total of 5,838,232 shares. Based on an average daily volume of 12,814,182 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Nintendo Stock Up 1.9%

NTDOY traded up $0.26 during trading on Tuesday, hitting $13.99. 2,317,398 shares of the company traded hands, compared to its average volume of 3,386,105. The firm has a market cap of $72.04 billion, a P/E ratio of 21.20 and a beta of 0.39. The stock’s fifty day moving average is $11.40 and its 200 day moving average is $12.66. Nintendo has a one year low of $10.18 and a one year high of $24.29.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.10 by $0.10. The business had revenue of $3.29 billion for the quarter, compared to analyst estimates of $2.72 billion. Nintendo had a net margin of 21.00% and a return on equity of 16.11%. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. On average, equities research analysts forecast that Nintendo will post 0.55 EPS for the current fiscal year.

Hedge Funds Weigh In On Nintendo

Several institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. bought a new position in Nintendo during the fourth quarter valued at $875,000. AdvisorShares Investments LLC raised its stake in shares of Nintendo by 4.9% in the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock valued at $872,000 after buying an additional 2,413 shares during the period. DRW Securities LLC purchased a new position in shares of Nintendo during the 4th quarter valued at $295,000. PNC Financial Services Group Inc. lifted its position in shares of Nintendo by 13.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,964 shares of the company’s stock valued at $151,000 after buying an additional 1,073 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Nintendo by 47.6% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company’s stock worth $32,000 after acquiring an additional 1,000 shares during the period. Hedge funds and other institutional investors own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NTDOY. Benchmark reaffirmed a “buy” rating on shares of Nintendo in a research report on Monday, May 11th. Citigroup reissued a “buy” rating on shares of Nintendo in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.