Nomura Holdings, Inc. (NYSE:NMR) Short Interest Up 24.3% in August

Nomura Holdings, Inc. (NYSE:NMR) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 2,150,000 shares, a growth of 24.3% from the August 15th total of 1,730,000 shares. Based on an average daily trading volume, of 786,900 shares, the days-to-cover ratio is currently 2.7 days. Approximately 0.1% of the company’s stock are short sold.

Nomura Stock Performance

Shares of NMR stock opened at $5.48 on Tuesday. The company has a debt-to-equity ratio of 7.24, a current ratio of 1.11 and a quick ratio of 1.16. The firm has a 50-day moving average of $5.70 and a 200-day moving average of $5.89. Nomura has a one year low of $3.75 and a one year high of $6.62. The company has a market cap of $16.26 billion, a P/E ratio of 14.80 and a beta of 0.62.

Nomura (NYSE:NMR) last issued its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. Nomura had a net margin of 5.61% and a return on equity of 6.09%. The business had revenue of $7.81 billion during the quarter.

Analyst Ratings Changes

A number of equities analysts have issued reports on NMR shares. JPMorgan Chase & Co. began coverage on Nomura in a research note on Thursday, August 29th. They set a “neutral” rating for the company. StockNews.com downgraded Nomura from a “buy” rating to a “hold” rating in a report on Thursday, September 5th.

Institutional Trading of Nomura

A number of institutional investors and hedge funds have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC bought a new position in Nomura in the 2nd quarter valued at $34,000. Allspring Global Investments Holdings LLC purchased a new stake in Nomura during the first quarter worth about $45,000. EverSource Wealth Advisors LLC raised its position in Nomura by 36.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 2,018 shares during the period. SYM FINANCIAL Corp purchased a new position in Nomura in the second quarter valued at about $59,000. Finally, Sage Mountain Advisors LLC bought a new position in shares of Nomura during the 2nd quarter valued at approximately $59,000. 15.14% of the stock is owned by hedge funds and other institutional investors.

About Nomura

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.