Nomura Holdings, Inc. (NYSE:NMR) Sees Large Decline in Short Interest

Nomura Holdings, Inc. (NYSE:NMR - Get Free Report) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 396,700 shares, a drop of 46.5% from the November 30th total of 741,700 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 660,700 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Nomura

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Nomura during the third quarter valued at approximately $25,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Nomura during the 2nd quarter valued at $34,000. SYM FINANCIAL Corp bought a new stake in shares of Nomura during the 2nd quarter worth $59,000. Sage Mountain Advisors LLC purchased a new position in shares of Nomura in the 2nd quarter worth about $59,000. Finally, Catalytic Wealth RIA LLC bought a new position in Nomura during the third quarter valued at about $59,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura Stock Performance

Shares of NMR remained flat at $5.86 on Friday. 482,541 shares of the company were exchanged, compared to its average volume of 1,803,253. The firm has a market cap of $17.41 billion, a PE ratio of 9.93, a PEG ratio of 0.39 and a beta of 0.64. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. Nomura has a 12 month low of $4.43 and a 12 month high of $6.62. The company has a fifty day moving average of $5.77 and a two-hundred day moving average of $5.69.

Analyst Ratings Changes

NMR has been the subject of a number of research reports. StockNews.com upgraded shares of Nomura from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. started coverage on Nomura in a research note on Thursday, August 29th. They issued a "neutral" rating for the company. Finally, Bank of America initiated coverage on Nomura in a research note on Tuesday, October 22nd. They set a "neutral" rating on the stock.

Nomura Company Profile

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.