Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Short Interest Up 58.9% in March

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 58.9% from the February 28th total of 5,600 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 63,700 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

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

Nomura Research Institute Stock Down 0.9 %

NRILY stock traded down $0.29 during mid-day trading on Friday, hitting $32.51. The stock had a trading volume of 27,865 shares, compared to its average volume of 52,957. Nomura Research Institute has a 1-year low of $24.13 and a 1-year high of $38.24. The company has a fifty day moving average of $33.59 and a 200 day moving average of $32.33. The company has a current ratio of 1.81, a quick ratio of 1.97 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $18.90 billion, a price-to-earnings ratio of 30.96 and a beta of 0.67.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.30 EPS for the quarter. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. On average, equities analysts expect that Nomura Research Institute will post 1.04 EPS 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.