Short Interest in Nintendo Co. (OTCMKTS:NTDOY) Increases By 188.7%

Nintendo Co. (OTCMKTS:NTDOY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 5,838,232 shares, an increase of 188.7% from the June 30th total of 2,022,460 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 7,969,237 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Nintendo

A number of hedge funds have recently modified their holdings of NTDOY. Appleton Partners Inc. MA lifted its stake in shares of Nintendo by 27.9% in the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock worth $2,248,000 after acquiring an additional 35,581 shares during the period. Hantz Financial Services Inc. acquired a new stake in Nintendo during the 4th quarter valued at approximately $875,000. AdvisorShares Investments LLC raised its holdings in Nintendo by 4.9% during the 4th quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after purchasing an additional 2,413 shares during the last quarter. O Brien Greene & Co. Inc raised its holdings in Nintendo by 2.1% during the 4th quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock worth $642,000 after purchasing an additional 800 shares during the last quarter. Finally, DRW Securities LLC acquired a new position in shares of Nintendo in the 4th quarter worth approximately $295,000. Institutional investors and hedge funds own 0.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on NTDOY shares. Benchmark restated a “buy” rating on shares of Nintendo in a research report on Monday, May 11th. TD Cowen reissued a “buy” rating on shares of Nintendo in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Nintendo Stock Up 8.3%

Nintendo stock traded up $0.88 during trading hours on Monday, hitting $11.51. The stock had a trading volume of 4,882,984 shares, compared to its average volume of 3,468,522. The business’s 50 day simple moving average is $11.04 and its 200-day simple moving average is $13.10. Nintendo has a one year low of $10.18 and a one year high of $24.92. The stock has a market cap of $59.27 billion, a price-to-earnings ratio of 19.18 and a beta of 0.39.

Nintendo (OTCMKTS:NTDOY) last posted its earnings results on Friday, May 8th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. Nintendo had a net margin of 18.33% and a return on equity of 13.74%. The business had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.63 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Research analysts anticipate that Nintendo will post 0.51 EPS for the current fiscal year.

About Nintendo

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.