Nomura Research Institute (OTCMKTS:NRILY) Short Interest Down 91.8% in August

Key Points

• Nomura Research Institute experienced a drastic decline in short interest, dropping by 91.8% in August, ending the month with only 10,200 shares shorted.
• The company's stock increased by 2.1%, reaching $40.19, with trading volume exceeding 14,600 shares on Thursday.
• Nomura reported earnings of $0.31 per share for the last quarter, surpassing analyst expectations with a total revenue of $1.36 billion.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 10,200 shares, a decline of 91.8% from the August 15th total of 125,000 shares. Based on an average daily volume of 53,800 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 53,800 shares, the short-interest ratio is currently 0.2 days.

Nomura Research Institute Trading Up 2.1%

Shares of OTCMKTS:NRILY traded up $0.82 during trading on Thursday, reaching $40.19. The company's stock had a trading volume of 14,621 shares, compared to its average volume of 53,275. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.51. The firm's 50 day simple moving average is $39.05 and its two-hundred day simple moving average is $37.84. Nomura Research Institute has a 12 month low of $27.00 and a 12 month high of $43.20. The stock has a market capitalization of $23.36 billion, a PE ratio of 35.25 and a beta of 0.65.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.35 billion. Nomura Research Institute had a net margin of 12.64% and a return on equity of 23.20%. On average, research analysts predict that Nomura Research Institute will post 1.04 EPS for the current fiscal 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.