Short Interest in Nomura Research Institute (OTCMKTS:NRILY) Decreases By 91.8%

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) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 10,200 shares, a decrease of 91.8% from the August 15th total of 125,000 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 53,800 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 53,800 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company's shares are sold short.

Nomura Research Institute Trading Down 0.1%

Shares of NRILY stock traded down $0.03 on Tuesday, reaching $39.63. 39,057 shares of the stock were exchanged, compared to its average volume of 53,054. The stock has a market cap of $23.03 billion, a P/E ratio of 34.76 and a beta of 0.65. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.51. The firm has a 50 day moving average of $39.13 and a two-hundred day moving average of $38.00. Nomura Research Institute has a 1-year low of $27.00 and a 1-year high of $43.20.

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