Nintendo Co., Ltd. (OTCMKTS:NTDOY) Short Interest Up 73.1% in February

Nintendo Co., Ltd. (OTCMKTS:NTDOY) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 211,700 shares, a growth of 73.1% from the January 31st total of 122,300 shares. Based on an average trading volume of 4,315,100 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Nintendo

Institutional investors have recently bought and sold shares of the company. Kornitzer Capital Management Inc. KS increased its holdings in shares of Nintendo by 49.8% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock worth $2,215,000 after buying an additional 50,000 shares during the last quarter. GAMMA Investing LLC grew its position in Nintendo by 53.4% in the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after acquiring an additional 4,509 shares during the period. Diversified Trust Co acquired a new stake in Nintendo during the fourth quarter worth $182,000. Fulton Bank N.A. purchased a new stake in Nintendo in the fourth quarter valued at $200,000. Finally, Sterling Capital Management LLC purchased a new stake in Nintendo in the fourth quarter valued at $605,000. 0.02% of the stock is owned by hedge funds and other institutional investors.

Nintendo Price Performance

OTCMKTS NTDOY traded down $0.21 during trading hours on Friday, hitting $18.58. 1,516,020 shares of the company’s stock traded hands, compared to its average volume of 2,662,937. The firm’s 50-day moving average is $16.31 and its 200-day moving average is $14.61. Nintendo has a 52-week low of $11.36 and a 52-week high of $19.47. The company has a market capitalization of $96.52 billion, a PE ratio of 41.29 and a beta of 0.45.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.18 earnings per share 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 research analysts predict that Nintendo will post 0.44 earnings per share for the current fiscal year.

About Nintendo

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.