Nintendo Co., Ltd. (OTCMKTS:NTDOY) Short Interest Update

Nintendo Co., Ltd. (OTCMKTS:NTDOY) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 934,300 shares, an increase of 341.3% from the February 13th total of 211,700 shares. Based on an average trading volume of 8,045,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Nintendo Stock Performance

Nintendo stock traded up $0.13 during midday trading on Friday, hitting $17.15. 1,075,680 shares of the company’s stock were exchanged, compared to its average volume of 2,447,470. The stock has a market cap of $89.09 billion, a price-to-earnings ratio of 38.11 and a beta of 0.39. Nintendo has a 12-month low of $11.36 and a 12-month high of $19.47. The firm’s 50 day simple moving average is $16.87 and its 200 day simple moving average is $14.84.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Nintendo had a return on equity of 12.14% and a net margin of 25.83%. On average, equities research analysts forecast that Nintendo will post 0.44 EPS for the current fiscal year.

Institutional Trading of Nintendo

Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC increased its stake in shares of Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after purchasing an additional 4,509 shares in the last quarter. Diversified Trust Co acquired a new stake in Nintendo during the 4th quarter valued at $182,000. Fulton Bank N.A. purchased a new position in Nintendo during the fourth quarter worth $200,000. Kornitzer Capital Management Inc. KS raised its holdings in shares of Nintendo by 49.8% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock worth $2,215,000 after acquiring an additional 50,000 shares during the last quarter. Finally, SVB Wealth LLC purchased a new stake in shares of Nintendo in the fourth quarter valued at $192,000. Hedge funds and other institutional investors own 0.02% of the company’s stock.

About Nintendo

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.