Nomad Foods Limited (NOMD) Short Interest Up 106.3% in September
Nomad Foods Limited (NYSE:NOMD) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,220,507 shares, an increase of 106.3% from the September 15th total of 591,747 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 1,272,631 shares, the short-interest ratio is presently 1.0 days.
Shares of Nomad Foods Limited (NYSE:NOMD) opened at 12.22 on Tuesday. Nomad Foods Limited has a 12 month low of $6.40 and a 12 month high of $16.00. The firm’s 50-day moving average price is $11.72 and its 200-day moving average price is $9.64. The stock has a market capitalization of $2.23 billion and a P/E ratio of 17.61.
Nomad Foods Limited (NYSE:NOMD) last released its quarterly earnings data on Thursday, August 25th. The company reported $0.19 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.02. The company had revenue of $455.90 million for the quarter, compared to analysts’ expectations of $517.94 million. The business’s quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.18 EPS. On average, equities research analysts forecast that Nomad Foods Limited will post $0.99 EPS for the current year.
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