Nintendo Co., Ltd. (OTCMKTS:NTDOY – Get Free Report) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 934,300 shares, an increase of 341.3% from the February 13th total of 211,700 shares. Based on an average trading volume of 8,045,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.
Institutional Trading of Nintendo
Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its holdings in Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after acquiring an additional 4,509 shares in the last quarter. Diversified Trust Co bought a new position in shares of Nintendo during the fourth quarter worth about $182,000. Fulton Bank N.A. bought a new position in shares of Nintendo during the fourth quarter worth about $200,000. Kornitzer Capital Management Inc. KS grew its stake in Nintendo by 49.8% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock worth $2,215,000 after purchasing an additional 50,000 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in Nintendo in the fourth quarter valued at about $192,000. Institutional investors own 0.02% of the company’s stock.
Nintendo Stock Up 0.8 %
Shares of OTCMKTS NTDOY traded up $0.13 during trading on Friday, hitting $17.15. 1,075,680 shares of the company traded hands, compared to its average volume of 2,447,470. The firm has a market capitalization of $89.09 billion, a P/E ratio of 38.11 and a beta of 0.39. The company has a 50-day moving average price of $16.87 and a 200-day moving average price of $14.84. Nintendo has a 1 year low of $11.36 and a 1 year high of $19.47.
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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