Nintendo Co., Ltd. (OTCMKTS:NTDOY) Short Interest Update

Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 194,600 shares, a decrease of 79.2% from the February 28th total of 934,300 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 2,684,600 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NTDOY. Diversified Trust Co purchased a new stake in shares of Nintendo during the 4th quarter worth $182,000. GAMMA Investing LLC lifted its holdings in Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock worth $189,000 after buying an additional 4,509 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Nintendo during the 4th quarter worth about $192,000. Fulton Bank N.A. purchased a new position in shares of Nintendo in the 4th quarter valued at about $200,000. Finally, Sterling Capital Management LLC acquired a new stake in shares of Nintendo during the 4th quarter worth about $605,000. Institutional investors and hedge funds own 0.02% of the company's stock.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group assumed coverage on Nintendo in a research note on Tuesday, March 25th. They set a "buy" rating on the stock.

Nintendo Trading Down 1.7 %

NTDOY traded down $0.31 during trading hours on Friday, hitting $17.94. 1,434,227 shares of the company's stock were exchanged, compared to its average volume of 2,169,380. The firm has a market cap of $93.19 billion, a P/E ratio of 39.87 and a beta of 0.39. Nintendo has a 12-month low of $11.36 and a 12-month high of $19.47. The firm has a 50 day moving average of $17.58 and a 200 day moving average of $15.19.

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Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.01). Nintendo had a net margin of 25.83% and a return on equity of 12.14%. As a group, research analysts expect that Nintendo will post 0.44 EPS for the current fiscal 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.