Nintendo Co., Ltd. (OTCMKTS:NTDOY – Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 211,700 shares, an increase of 73.1% from the January 31st total of 122,300 shares. Based on an average daily trading volume, of 4,315,100 shares, the short-interest ratio is currently 0.0 days.
Institutional Investors Weigh In On Nintendo
Institutional investors have recently added to or reduced their stakes in the stock. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in shares of Nintendo during the fourth quarter worth $2,633,000. Kornitzer Capital Management Inc. KS raised its holdings in Nintendo by 49.8% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock valued at $2,215,000 after acquiring an additional 50,000 shares during the last quarter. Sterling Capital Management LLC purchased a new position in Nintendo in the 4th quarter worth approximately $605,000. Fulton Bank N.A. acquired a new position in shares of Nintendo during the 4th quarter worth approximately $200,000. Finally, SVB Wealth LLC purchased a new stake in shares of Nintendo in the fourth quarter valued at approximately $192,000. Institutional investors and hedge funds own 0.02% of the company’s stock.
Nintendo Price Performance
NTDOY traded down $0.19 during trading on Tuesday, reaching $18.39. 1,238,335 shares of the company’s stock were exchanged, compared to its average volume of 2,627,321. The company’s fifty day simple moving average is $16.38 and its 200-day simple moving average is $14.65. The stock has a market capitalization of $95.53 billion, a P/E ratio of 40.87 and a beta of 0.45. Nintendo has a 1 year low of $11.36 and a 1 year high of $19.47.
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.
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