Short Interest in Nobility Homes Inc. (OTCMKTS:NOBH) Drops By 73.0%

Nobility Homes Inc. (OTCMKTS:NOBH) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 20 shares, a drop of 73.0% from the July 15th total of 74 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 302 shares, the days-to-cover ratio is presently 0.1 days.

Nobility Homes Trading Up 3.1%

Nobility Homes stock traded up $0.85 during midday trading on Friday, reaching $28.60. 600 shares of the stock traded hands, compared to its average volume of 987. Nobility Homes has a fifty-two week low of $24.75 and a fifty-two week high of $35.71. The firm has a market cap of $90.09 million, a price-to-earnings ratio of 12.22 and a beta of 0.16. The firm has a fifty day moving average price of $29.92 and a two-hundred day moving average price of $29.41.

Nobility Homes (OTCMKTS:NOBH) last released its quarterly earnings results on Friday, June 12th. The construction company reported $0.56 earnings per share for the quarter. Nobility Homes had a return on equity of 12.83% and a net margin of 15.54%.The company had revenue of $12.41 million for the quarter.

Nobility Homes Company Profile

Nobility Homes, Inc (OTCMKTS:NOBH) is a U.S.-based manufacturer and retailer of factory-built housing solutions. The company specializes in the design, production and sale of single- and multi-section manufactured homes, park models and related utility structures. Its offerings are targeted at the affordable housing market and recreational communities, providing a range of floor plans and customization options to meet diverse customer needs.

Production is carried out in company-operated facilities using standardized modular construction techniques.