Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Short Interest Up 58.9% in March

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 58.9% from the February 28th total of 5,600 shares. Based on an average daily volume of 63,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 27th.

Nomura Research Institute Stock Down 0.9 %

Shares of OTCMKTS:NRILY traded down $0.29 during trading on Friday, reaching $32.51. The stock had a trading volume of 27,865 shares, compared to its average volume of 52,957. The firm’s 50-day simple moving average is $33.59 and its 200 day simple moving average is $32.33. The company has a current ratio of 1.81, a quick ratio of 1.97 and a debt-to-equity ratio of 0.52. Nomura Research Institute has a one year low of $24.13 and a one year high of $38.24. The company has a market capitalization of $18.90 billion, a P/E ratio of 30.96 and a beta of 0.67.

Nomura Research Institute (OTCMKTS:NRILY) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.30 earnings per share for the quarter. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. As a group, research analysts expect that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.