Nomura Holdings, Inc. (NYSE:NMR) Short Interest Up 54.2% in October

Nomura Holdings, Inc. (NYSE:NMR) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 1,280,000 shares, a growth of 54.2% from the October 15th total of 830,300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 866,800 shares, the short-interest ratio is presently 1.5 days.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Bank of America started coverage on Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating for the company. StockNews.com lowered shares of Nomura from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Nomura in a report on Thursday, August 29th. They set a “neutral” rating for the company.

Nomura Price Performance

Shares of NMR traded down $0.04 during midday trading on Friday, reaching $5.86. The stock had a trading volume of 591,774 shares, compared to its average volume of 1,976,749. The company has a current ratio of 1.11, a quick ratio of 1.16 and a debt-to-equity ratio of 7.19. The company has a market capitalization of $17.41 billion, a price-to-earnings ratio of 9.93, a price-to-earnings-growth ratio of 0.42 and a beta of 0.61. The company’s 50-day moving average is $5.43 and its 200 day moving average is $5.68. Nomura has a 12-month low of $4.03 and a 12-month high of $6.62.

Institutional Trading of Nomura

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of Nomura in the 2nd quarter worth approximately $34,000. Allspring Global Investments Holdings LLC purchased a new stake in Nomura during the first quarter valued at about $45,000. Sage Mountain Advisors LLC purchased a new stake in Nomura during the second quarter valued at about $59,000. SYM FINANCIAL Corp bought a new position in shares of Nomura during the second quarter valued at about $59,000. Finally, Catalytic Wealth RIA LLC purchased a new position in shares of Nomura in the third quarter worth about $59,000. Hedge funds and other institutional investors own 15.14% of the company’s 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.