Short Interest in Nintendo Co. (OTCMKTS:NTDOY) Expands By 232.1%

Key Points

• Nintendo's short interest surged by 232.1%, growing from 573,600 shares at the end of August to 1,904,700 shares by mid-September, indicating increased bearish sentiment among investors.
• The stock is currently priced at $21.96, with a market cap of $114.08 billion; it has a one-year range between a low of $12.00 and a high of $24.92.
• Analyst ratings for Nintendo have mixed signals, with Wedbush downgrading the stock from "outperform" to "neutral," though the consensus rating still leans towards "Buy".

Nintendo Co. (OTCMKTS:NTDOY - Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,904,700 shares, a growth of 232.1% from the August 31st total of 573,600 shares. Based on an average daily volume of 3,724,100 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 3,724,100 shares, the short-interest ratio is presently 0.5 days.

Nintendo Stock Performance

OTCMKTS NTDOY opened at $21.96 on Thursday. The firm's fifty day moving average is $22.74 and its two-hundred day moving average is $21.00. Nintendo has a one year low of $12.00 and a one year high of $24.92. The firm has a market cap of $114.08 billion, a PE ratio of 52.29 and a beta of 0.58.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.09. The firm had revenue of $3.80 billion for the quarter, compared to analyst estimates of $448.24 billion. Nintendo had a return on equity of 9.77% and a net margin of 19.61%. Nintendo has set its FY 2026 guidance at 0.450-0.450 EPS. Research analysts predict that Nintendo will post 0.44 earnings per share for the current year.

Hedge Funds Weigh In On Nintendo

A number of hedge funds and other institutional investors have recently bought and sold shares of NTDOY. Azimuth Capital Investment Management LLC purchased a new position in Nintendo in the first quarter valued at about $8,323,000. GAMMA Investing LLC grew its holdings in shares of Nintendo by 2,029.9% in the 1st quarter. GAMMA Investing LLC now owns 275,785 shares of the company's stock worth $4,735,000 after acquiring an additional 262,837 shares during the period. Impala Asset Management LLC purchased a new position in Nintendo in the 2nd quarter valued at approximately $1,720,000. Appleton Partners Inc. MA raised its holdings in Nintendo by 1.5% during the first quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock worth $2,245,000 after purchasing an additional 1,969 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its position in Nintendo by 192.5% during the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock worth $31,000 after purchasing an additional 1,201 shares in the last quarter. 0.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wedbush cut Nintendo from an "outperform" rating to a "neutral" rating in a research report on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.

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