Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 13,721 shares, an increase of 342.9% from the August 31st total of 3,098 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 37,887 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Nomura Research Institute presently has an average rating of “Hold”.

Nomura Research Institute Stock Performance

Shares of Nomura Research Institute stock opened at $31.59 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.56. Nomura Research Institute has a 12 month low of $22.73 and a 12 month high of $42.93. The stock’s fifty day moving average price is $31.72 and its 200-day moving average price is $29.74. The firm has a market cap of $17.73 billion, a P/E ratio of 137.35 and a beta of 0.71.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Thursday, July 30th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Nomura Research Institute had a net margin of 2.41% and a return on equity of 4.38%. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $206.14 billion. On average, equities research analysts expect that Nomura Research Institute will post 1.38 earnings per share for the current fiscal year.

About Nomura Research Institute

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) is a Japanese consulting and information technology services company headquartered in Tokyo. The company helps businesses and government organizations address strategic, operational and technology-related challenges through management consulting, digital transformation services and systems integration.

NRI’s business includes financial IT solutions for banks, securities firms, asset managers and other financial institutions, as well as industrial IT solutions for companies in sectors such as retail, manufacturing and telecommunications.