Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Sees Large Increase in Short Interest

Nomura Research Institute, Ltd. (OTCMKTS:NRILY - Get Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 35,800 shares, an increase of 342.0% from the March 31st total of 8,100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 106,300 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Nomura Research Institute from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 27th.

Nomura Research Institute Stock Performance

NRILY stock traded up $0.26 during trading hours on Wednesday, reaching $38.60. The stock had a trading volume of 20,330 shares, compared to its average volume of 51,029. The stock has a market capitalization of $22.43 billion, a PE ratio of 36.76 and a beta of 0.74. The stock has a 50-day simple moving average of $34.80 and a 200 day simple moving average of $32.36. Nomura Research Institute has a fifty-two week low of $24.13 and a fifty-two week high of $39.48. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.81 and a quick ratio of 1.97.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.25 earnings per share (EPS) for the quarter. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.42 billion. Analysts predict that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

Nomura Research Institute Company Profile

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.