Nintendo Co. (OTCMKTS:NTDOY) Short Interest Update

Key Points

• Nintendo’s short interest rose 60.6% to 4.3 million shares as of September 15, representing 0.1% of shares outstanding and a days-to-cover ratio of 1.3.
• NTDOY traded at $12.56, up 0.3%, while its latest quarterly results exceeded expectations: EPS was $0.20 versus a $0.10 estimate, and revenue reached $3.29 billion versus $2.72 billion expected.
• Analyst sentiment was mixed, with UBS downgrading Nintendo to “sell,” Citigroup maintaining a “buy” rating, and the overall consensus standing at “Hold.”

Nintendo Co. (OTCMKTS:NTDOY - Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,302,907 shares, an increase of 60.6% from the August 31st total of 2,679,133 shares. Based on an average daily trading volume, of 3,231,931 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company's stock are short sold.

Nintendo Stock Up 0.3%

NTDOY traded up $0.04 during mid-day trading on Wednesday, reaching $12.56. 514,932 shares of the company traded hands, compared to its average volume of 3,129,388. The company's fifty day moving average price is $13.00 and its 200-day moving average price is $12.47. The stock has a market capitalization of $64.67 billion, a P/E ratio of 19.03 and a beta of 0.43. Nintendo has a 52-week low of $10.18 and a 52-week high of $22.89.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.10. Nintendo had a return on equity of 16.31% and a net margin of 21.00%.The firm had revenue of $3.29 billion for the quarter, compared to the consensus estimate of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, sell-side analysts forecast that Nintendo will post 0.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nintendo

A number of large investors have recently made changes to their positions in NTDOY. Appleton Partners Inc. MA increased its position in shares of Nintendo by 27.9% during the 1st quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company's stock valued at $2,248,000 after purchasing an additional 35,581 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Nintendo by 11.4% in the first quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company's stock worth $143,000 after buying an additional 1,023 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Nintendo by 47.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company's stock worth $32,000 after buying an additional 1,000 shares during the last quarter. 0.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NTDOY has been the subject of a number of recent analyst reports. UBS Group lowered shares of Nintendo from a "neutral" rating to a "sell" rating in a report on Friday, September 25th. BNP Paribas Exane started coverage on Nintendo in a research note on Tuesday, September 22nd. They set a "neutral" rating on the stock. Finally, Citigroup reissued a "buy" rating on shares of Nintendo in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold".

About Nintendo

Nintendo Co, Ltd. is a Japan-based entertainment company headquartered in Kyoto. Founded in 1889 by Fusajiro Yamauchi as a manufacturer of handmade hanafuda playing cards, the company later expanded into electronic games and became one of the world's best-known interactive entertainment businesses.

Nintendo develops and publishes video game hardware, software and related accessories. Its product portfolio includes dedicated gaming systems such as the Nintendo Switch family, first-party games and franchises including Super Mario, The Legend of Zelda, Pokémon, Animal Crossing and Mario Kart, as well as digital content and services.

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