Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Sees Significant Increase in Short Interest

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 35,800 shares, an increase of 342.0% from the March 31st total of 8,100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 106,300 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 27th.

Nomura Research Institute Trading Up 2.1 %

Shares of OTCMKTS NRILY opened at $38.28 on Tuesday. The stock has a market cap of $22.25 billion, a price-to-earnings ratio of 36.46 and a beta of 0.74. The business has a 50 day simple moving average of $34.72 and a 200 day simple moving average of $32.32. Nomura Research Institute has a 52 week low of $24.13 and a 52 week high of $39.48. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.97 and a current ratio of 1.81.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Thursday, April 24th. The company reported $0.25 earnings per share for the quarter. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.42 billion. On average, research analysts predict that Nomura Research Institute will post 1.04 earnings per share for the current fiscal year.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.