Nintendo Co., Ltd. (OTCMKTS:NTDOY) Sees Significant Decline in Short Interest

Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 122,300 shares, a decline of 47.3% from the January 15th total of 232,100 shares. Based on an average daily volume of 5,416,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Nintendo

Several institutional investors have recently added to or reduced their stakes in NTDOY. Diversified Trust Co bought a new stake in Nintendo in the fourth quarter valued at approximately $182,000. GAMMA Investing LLC boosted its holdings in Nintendo by 53.4% in the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock valued at $189,000 after acquiring an additional 4,509 shares during the last quarter. SVB Wealth LLC bought a new stake in Nintendo in the fourth quarter valued at approximately $192,000. Fulton Bank N.A. bought a new stake in Nintendo in the fourth quarter valued at approximately $200,000. Finally, Sterling Capital Management LLC bought a new stake in Nintendo in the fourth quarter valued at approximately $605,000. 0.02% of the stock is currently owned by institutional investors.

Nintendo Stock Performance

Shares of OTCMKTS:NTDOY traded up $0.07 during midday trading on Monday, hitting $18.45. 3,202,125 shares of the stock were exchanged, compared to its average volume of 2,290,059. The stock has a market capitalization of $95.84 billion, a price-to-earnings ratio of 41.00 and a beta of 0.45. The business's 50-day moving average price is $15.52 and its 200 day moving average price is $14.18. Nintendo has a 12 month low of $11.36 and a 12 month high of $18.50.

Nintendo (OTCMKTS:NTDOY - Get Free Report) 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 return on equity of 12.14% and a net margin of 25.83%. As a group, sell-side analysts expect that Nintendo will post 0.46 EPS for the current year.

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.