Short Interest in Nomura Holdings, Inc. (NYSE:NMR) Expands By 24.3%

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

Institutional Trading of Nomura

A number of hedge funds have recently added to or reduced their stakes in NMR. Sanctuary Advisors LLC acquired a new stake in shares of Nomura during the 2nd quarter valued at $60,000. Wallace Advisory Group LLC bought a new position in Nomura in the second quarter valued at about $80,000. Creative Planning boosted its stake in shares of Nomura by 7.3% during the second quarter. Creative Planning now owns 418,202 shares of the financial services provider’s stock valued at $2,417,000 after purchasing an additional 28,585 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Nomura during the second quarter worth about $4,608,000. Finally, AQR Capital Management LLC increased its stake in shares of Nomura by 25.7% in the second quarter. AQR Capital Management LLC now owns 178,140 shares of the financial services provider’s stock valued at $1,030,000 after buying an additional 36,404 shares during the period. Institutional investors and hedge funds own 15.14% of the company’s stock.

Wall Street Analyst Weigh In

NMR has been the topic of a number of analyst reports. JPMorgan Chase & Co. began coverage on shares of Nomura in a research note on Thursday, August 29th. They set a “neutral” rating on the stock. StockNews.com cut shares of Nomura from a “buy” rating to a “hold” rating in a research note on Thursday, September 5th.

Nomura Price Performance

Nomura stock opened at $5.48 on Tuesday. The company has a debt-to-equity ratio of 7.24, a quick ratio of 1.16 and a current ratio of 1.11. Nomura has a 52 week low of $3.75 and a 52 week high of $6.62. The stock has a market capitalization of $16.26 billion, a P/E ratio of 14.80 and a beta of 0.62. The stock has a fifty day moving average of $5.70 and a 200-day moving average of $5.89.

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

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.