Short Interest in Nomura Research Institute (OTCMKTS:NRILY) Grows By 190.3%

Nomura Research Institute (OTCMKTS:NRILY) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 19,446 shares, an increase of 190.3% from the January 29th total of 6,698 shares. Based on an average daily trading volume, of 739,260 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 739,260 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

NRILY has been the topic of a number of recent research reports. Citigroup raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Nomura Research Institute Stock Performance

OTCMKTS:NRILY traded up $0.51 on Friday, hitting $27.46. The company’s stock had a trading volume of 129,268 shares, compared to its average volume of 181,822. Nomura Research Institute has a one year low of $22.73 and a one year high of $43.20. The firm has a market capitalization of $15.96 billion, a P/E ratio of 22.33, a price-to-earnings-growth ratio of 1.66 and a beta of 0.70. The stock has a fifty day moving average of $33.46 and a two-hundred day moving average of $37.18. The company has a current ratio of 2.08, a quick ratio of 1.84 and a debt-to-equity ratio of 0.42.

Nomura Research Institute (OTCMKTS:NRILY) last issued its earnings results on Thursday, January 29th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.33 by $0.01. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%.The company had revenue of $1.33 billion during the quarter. Research analysts predict that Nomura Research Institute will post 1.04 earnings per share for the current year.

About Nomura Research Institute

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.