Nintendo Co., Ltd. (OTCMKTS:NTDOY) Sees Large Decrease in Short Interest

Nintendo Co., Ltd. (OTCMKTS:NTDOY) was the recipient of a significant drop in short interest in the month of 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 trading volume of 5,416,700 shares, the short-interest ratio is presently 0.0 days.

Nintendo Stock Performance

NTDOY stock traded down $0.13 during mid-day trading on Thursday, hitting $17.73. The company had a trading volume of 3,142,705 shares, compared to its average volume of 2,290,059. Nintendo has a 12 month low of $11.36 and a 12 month high of $18.18. The stock’s fifty day moving average price is $15.39 and its two-hundred day moving average price is $14.11. The firm has a market cap of $92.10 billion, a PE ratio of 39.40 and a beta of 0.45.

Nintendo (OTCMKTS:NTDOY) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.18 EPS 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%. Equities analysts anticipate that Nintendo will post 0.46 earnings per share for the current year.

Hedge Funds Weigh In On Nintendo

Several institutional investors and hedge funds have recently bought and sold shares of NTDOY. GAMMA Investing LLC boosted its holdings in shares of Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock valued at $189,000 after buying an additional 4,509 shares in the last quarter. Diversified Trust Co purchased a new stake in Nintendo in the fourth quarter worth about $182,000. Fulton Bank N.A. bought a new position in shares of Nintendo during the fourth quarter valued at approximately $200,000. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Nintendo by 49.8% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock valued at $2,215,000 after purchasing an additional 50,000 shares during the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of Nintendo in the 4th quarter worth approximately $192,000. 0.02% of the stock is currently owned by institutional investors.

Nintendo Company Profile

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.