Nintendo Co., Ltd. (OTCMKTS:NTDOY) Short Interest Up 73.1% in February

Nintendo Co., Ltd. (OTCMKTS:NTDOY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 211,700 shares, an increase of 73.1% from the January 31st total of 122,300 shares. Based on an average trading volume of 4,315,100 shares, the short-interest ratio is presently 0.0 days.

Nintendo Stock Performance

NTDOY stock traded down $0.19 during midday trading on Tuesday, reaching $18.39. 1,238,335 shares of the company traded hands, compared to its average volume of 2,627,321. The firm has a market capitalization of $95.53 billion, a price-to-earnings ratio of 40.87 and a beta of 0.45. Nintendo has a 52-week low of $11.36 and a 52-week high of $19.47. The business has a 50 day moving average of $16.38 and a 200-day moving average of $14.65.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.01). Nintendo had a net margin of 25.83% and a return on equity of 12.14%. Research analysts anticipate that Nintendo will post 0.44 earnings per share for the current year.

Institutional Trading of Nintendo

A number of large investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its position in shares of Nintendo by 53.4% during the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after acquiring an additional 4,509 shares during the period. Diversified Trust Co bought a new position in shares of Nintendo during the fourth quarter valued at approximately $182,000. SVB Wealth LLC purchased a new position in Nintendo during the fourth quarter valued at approximately $192,000. Fulton Bank N.A. bought a new position in Nintendo in the fourth quarter worth approximately $200,000. Finally, Sterling Capital Management LLC purchased a new stake in Nintendo during the fourth quarter worth $605,000. 0.02% of the stock is owned by hedge funds and other institutional investors.

About Nintendo

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.