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

Nintendo Co., Ltd. (OTCMKTS:NTDOY) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 122,300 shares, a drop of 47.3% from the January 15th total of 232,100 shares. Based on an average daily trading volume, of 5,416,700 shares, the short-interest ratio is currently 0.0 days.

Nintendo Trading Down 0.7 %

OTCMKTS:NTDOY traded down $0.13 during midday trading on Thursday, hitting $17.73. 3,142,705 shares of the company traded hands, compared to its average volume of 2,290,059. The firm’s fifty day moving average is $15.39 and its 200-day moving average is $14.11. The firm has a market capitalization of $92.10 billion, a P/E ratio of 39.40 and a beta of 0.45. Nintendo has a 12-month low of $11.36 and a 12-month high of $18.18.

Nintendo (OTCMKTS:NTDOY) last posted 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, research analysts expect that Nintendo will post 0.46 EPS for the current fiscal year.

Institutional Trading of Nintendo

A number of hedge funds and other institutional investors have recently bought and sold shares of NTDOY. Generali Investments CEE investicni spolecnost a.s. bought a new stake in Nintendo during the 4th quarter valued at $2,633,000. Kornitzer Capital Management Inc. KS lifted its stake in 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 period. Sterling Capital Management LLC bought a new position in Nintendo during the 4th quarter worth about $605,000. Fulton Bank N.A. purchased a new position in Nintendo during the 4th quarter valued at about $200,000. Finally, SVB Wealth LLC purchased a new position in Nintendo during the 4th quarter valued at about $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.