Nomura Holdings, Inc. (NYSE:NMR) Short Interest Up 27.4% in March

Nomura Holdings, Inc. (NYSE:NMR) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 916,300 shares, a growth of 27.4% from the February 28th total of 719,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 555,100 shares, the days-to-cover ratio is currently 1.7 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Nomura Trading Up 1.1 %

NMR stock traded up $0.07 during midday trading on Wednesday, reaching $6.17. 394,827 shares of the company’s stock traded hands, compared to its average volume of 808,697. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11. Nomura has a fifty-two week low of $4.66 and a fifty-two week high of $6.99. The business has a 50-day moving average price of $6.51 and a two-hundred day moving average price of $5.97. The company has a market capitalization of $18.33 billion, a P/E ratio of 8.81, a PEG ratio of 0.30 and a beta of 0.60.

Nomura (NYSE:NMR) last posted its earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a net margin of 7.96% and a return on equity of 9.19%. Equities research analysts forecast that Nomura will post 0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On Nomura

Several institutional investors and hedge funds have recently modified their holdings of NMR. Campbell Deegan Wealth Management LLC acquired a new position in Nomura during the 4th quarter worth approximately $84,000. Forum Financial Management LP lifted its position in shares of Nomura by 55.3% during the fourth quarter. Forum Financial Management LP now owns 106,598 shares of the financial services provider’s stock worth $617,000 after purchasing an additional 37,947 shares in the last quarter. GTS Securities LLC purchased a new position in shares of Nomura in the fourth quarter valued at $654,000. Vident Advisory LLC boosted its stake in shares of Nomura by 2.9% in the fourth quarter. Vident Advisory LLC now owns 217,434 shares of the financial services provider’s stock valued at $1,259,000 after purchasing an additional 6,074 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in Nomura during the 4th quarter valued at $85,000. Hedge funds and other institutional investors own 15.14% of the company’s stock.

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.