NI Holdings, Inc. (NASDAQ:NODK – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 25,000 shares, an increase of 21.4% from the August 15th total of 20,600 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 18,800 shares, the days-to-cover ratio is currently 1.3 days.
NI Stock Performance
Shares of NODK traded up $0.04 during trading hours on Tuesday, hitting $15.19. 11,092 shares of the company were exchanged, compared to its average volume of 14,874. NI has a 52 week low of $12.01 and a 52 week high of $16.55. The company has a market cap of $313.35 million, a PE ratio of 60.76 and a beta of 0.36. The firm’s 50 day moving average is $15.21 and its 200-day moving average is $15.12.
NI (NASDAQ:NODK – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported ($0.36) EPS for the quarter. NI had a negative net margin of 0.81% and a positive return on equity of 2.38%. The company had revenue of $87.81 million for the quarter.
Institutional Trading of NI
About NI
NI Holdings, Inc underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.
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