Short Interest in Nobility Homes Inc. (OTCMKTS:NOBH) Decreases By 73.0%

Nobility Homes Inc. (OTCMKTS:NOBH) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 20 shares, a decline of 73.0% from the July 15th total of 74 shares. Based on an average daily volume of 302 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Nobility Homes Stock Performance

Shares of NOBH stock opened at $30.19 on Thursday. The company has a market cap of $95.09 million, a price-to-earnings ratio of 12.90 and a beta of 0.16. The stock has a 50 day simple moving average of $29.97 and a 200-day simple moving average of $29.43. Nobility Homes has a 12-month low of $24.75 and a 12-month high of $35.71.

Nobility Homes (OTCMKTS:NOBH) last posted its quarterly earnings results on Friday, June 12th. The construction company reported $0.56 EPS for the quarter. Nobility Homes had a return on equity of 12.83% and a net margin of 15.54%.The business had revenue of $12.41 million during the quarter.

Nobility Homes Company Profile

Nobility Homes, Inc (OTCMKTS:NOBH) is a U.S.-based manufacturer and retailer of factory-built housing solutions. The company specializes in the design, production and sale of single- and multi-section manufactured homes, park models and related utility structures. Its offerings are targeted at the affordable housing market and recreational communities, providing a range of floor plans and customization options to meet diverse customer needs.

Production is carried out in company-operated facilities using standardized modular construction techniques.