Nintendo Co. (OTCMKTS:NTDOY) Short Interest Down 40.3% in July

Nintendo Co. (OTCMKTS:NTDOY) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 3,484,703 shares, a drop of 40.3% from the July 15th total of 5,838,232 shares. Based on an average daily trading volume, of 12,814,182 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Nintendo

A number of large investors have recently modified their holdings of NTDOY. Hantz Financial Services Inc. purchased a new stake in Nintendo in the 4th quarter worth approximately $875,000. Appleton Partners Inc. MA increased its stake in shares of Nintendo by 27.9% during the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock valued at $2,248,000 after buying an additional 35,581 shares during the period. DRW Securities LLC bought a new position in shares of Nintendo during the fourth quarter valued at approximately $295,000. AdvisorShares Investments LLC lifted its stake in Nintendo by 4.9% in the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after acquiring an additional 2,413 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in Nintendo by 13.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,964 shares of the company’s stock worth $151,000 after acquiring an additional 1,073 shares during the period. 0.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NTDOY. Citigroup reissued a “buy” rating on shares of Nintendo in a research note on Friday. Benchmark restated a “buy” rating on shares of Nintendo in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Nintendo Stock Performance

OTCMKTS NTDOY opened at $13.95 on Wednesday. Nintendo has a 52-week low of $10.18 and a 52-week high of $24.29. The company has a fifty day moving average of $11.46 and a 200-day moving average of $12.65. The company has a market capitalization of $71.80 billion, a P/E ratio of 21.13 and a beta of 0.39.

Nintendo (OTCMKTS:NTDOY) last released its earnings results on Thursday, August 6th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.10. Nintendo had a return on equity of 16.11% and a net margin of 21.00%.The business had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, analysts forecast that Nintendo will post 0.55 EPS for the current fiscal year.

About Nintendo

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.