Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 211,700 shares, a growth of 73.1% from the January 31st total of 122,300 shares. Based on an average trading volume of 4,315,100 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in NTDOY. Generali Investments CEE investicni spolecnost a.s. bought a new stake in Nintendo during the fourth quarter valued at about $2,633,000. Kornitzer Capital Management Inc. KS boosted its holdings in shares of Nintendo by 49.8% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company's stock valued at $2,215,000 after buying an additional 50,000 shares in the last quarter. Sterling Capital Management LLC purchased a new position in shares of Nintendo in the 4th quarter worth approximately $605,000. Fulton Bank N.A. bought a new position in shares of Nintendo during the 4th quarter worth approximately $200,000. Finally, SVB Wealth LLC purchased a new stake in Nintendo during the fourth quarter valued at approximately $192,000. 0.02% of the stock is currently owned by hedge funds and other institutional investors.
Nintendo Stock Performance
Nintendo stock traded up $0.42 during midday trading on Wednesday, hitting $18.82. 898,554 shares of the company's stock were exchanged, compared to its average volume of 2,568,870. The company has a market cap of $97.74 billion, a PE ratio of 41.81 and a beta of 0.39. The firm has a 50-day moving average of $16.46 and a two-hundred day moving average of $14.68. Nintendo has a 12 month low of $11.36 and a 12 month high of $19.47.
Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings data 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, equities analysts expect that Nintendo will post 0.44 earnings per share for the current year.
About Nintendo
(
Get Free Report)
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.
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