Nomura Holdings, Inc. (NYSE:NMR - Get Free Report) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,280,000 shares, an increase of 54.2% from the October 15th total of 830,300 shares. Based on an average trading volume of 866,800 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of NMR. Fisher Asset Management LLC raised its position in shares of Nomura by 20.2% during the 3rd quarter. Fisher Asset Management LLC now owns 10,179,764 shares of the financial services provider's stock worth $53,138,000 after purchasing an additional 1,713,275 shares during the last quarter. Donald Smith & CO. Inc. acquired a new position in shares of Nomura during the third quarter valued at approximately $33,783,000. FMR LLC lifted its position in shares of Nomura by 9.2% in the third quarter. FMR LLC now owns 1,362,014 shares of the financial services provider's stock valued at $7,110,000 after acquiring an additional 114,676 shares in the last quarter. Millennium Management LLC acquired a new stake in shares of Nomura in the second quarter worth approximately $4,608,000. Finally, Leuthold Group LLC purchased a new stake in shares of Nomura during the second quarter worth approximately $4,344,000. Institutional investors and hedge funds own 15.14% of the company's stock.
Nomura Stock Performance
Shares of NMR traded up $0.15 during trading hours on Thursday, hitting $5.90. The stock had a trading volume of 785,988 shares, compared to its average volume of 1,983,017. The firm has a 50-day moving average price of $5.42 and a 200 day moving average price of $5.68. Nomura has a fifty-two week low of $4.03 and a fifty-two week high of $6.62. The firm has a market capitalization of $17.53 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 0.43 and a beta of 0.61. The company has a debt-to-equity ratio of 7.19, a quick ratio of 1.16 and a current ratio of 1.11.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on NMR. Bank of America assumed coverage on shares of Nomura in a research note on Tuesday, October 22nd. They issued a "neutral" rating on the stock. StockNews.com lowered Nomura from a "buy" rating to a "hold" rating in a research note on Thursday, September 5th. Finally, JPMorgan Chase & Co. began coverage on Nomura in a research note on Thursday, August 29th. They issued a "neutral" rating on the stock.
Check Out Our Latest Analysis on NMR
About Nomura
(
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Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.
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