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

Nintendo Co. (OTCMKTS:NTDOY) was the recipient of a large 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 trading volume of 3,724,100 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 3,724,100 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Wedbush lowered shares of Nintendo from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Nintendo Trading Up 2.9%

Nintendo stock opened at $21.96 on Thursday. The stock has a 50-day moving average price of $22.74 and a 200 day moving average price of $21.00. Nintendo has a 52 week low of $12.00 and a 52 week high of $24.92. The stock has a market cap of $114.08 billion, a PE ratio of 52.29 and a beta of 0.58.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its stake in shares of Nintendo by 192.5% during the 1st 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 during the period. PNC Financial Services Group Inc. increased its stake in Nintendo by 16.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company’s stock valued at $91,000 after purchasing an additional 749 shares during the last quarter. GAMMA Investing LLC lifted its position in Nintendo by 24.1% during the first quarter. GAMMA Investing LLC now owns 16,062 shares of the company’s stock worth $276,000 after buying an additional 3,114 shares during the period. Confluence Investment Management LLC boosted its stake in Nintendo by 1.5% in the 2nd quarter. Confluence Investment Management LLC now owns 56,080 shares of the company’s stock worth $1,347,000 after buying an additional 843 shares during the last quarter. Finally, Impala Asset Management LLC acquired a new position in shares of Nintendo during the 2nd quarter valued at about $1,720,000. 0.02% of the stock is currently owned by institutional investors and hedge funds.

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.