Nobility Homes Inc. (OTCMKTS:NOBH) Stock Short Interest Climbs 134.6%

Nobility Homes Inc. (OTCMKTS:NOBH) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 61 shares, an increase of 134.6% from the August 31st total of 26 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,149 shares, the days-to-cover ratio is presently 0.1 days.

Nobility Homes Stock Performance

NOBH remained flat at $28.02 on Friday. The stock has a 50 day simple moving average of $28.42 and a two-hundred day simple moving average of $29.16. The firm has a market capitalization of $88.26 million, a price-to-earnings ratio of 11.77 and a beta of 0.16. Nobility Homes has a one year low of $24.02 and a one year high of $35.00.

Nobility Homes (OTCMKTS:NOBH) last released its quarterly earnings data on Friday, September 11th. The construction company reported $0.60 earnings per share for the quarter. The company had revenue of $12.14 million for the quarter. Nobility Homes had a net margin of 15.65% and a return on equity of 12.96%.

About Nobility Homes

Nobility Homes, Inc is a Florida-based manufacturer and retailer of manufactured homes. The company designs and produces factory-built residential housing in a range of floor plans and configurations for customers seeking affordable homeownership options.

Nobility Homes markets its homes primarily through retail sales centers in Florida. Its business activities include the manufacture, sale and delivery of manufactured homes, along with related customer services associated with the purchase and installation of these residences.

Founded in 1967, Nobility Homes has historically focused on serving the Florida manufactured-housing market.