Nomura Holdings, Inc. (NYSE:NMR) Short Interest Down 15.3% in April

Nomura Holdings, Inc. (NYSE:NMR) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,610,000 shares, a decline of 15.3% from the March 31st total of 1,900,000 shares. Based on an average daily trading volume, of 3,030,000 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Nomura by 36.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 7,482 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 2,018 shares during the period. Valeo Financial Advisors LLC increased its holdings in shares of Nomura by 20.7% during the fourth quarter. Valeo Financial Advisors LLC now owns 13,452 shares of the financial services provider’s stock valued at $61,000 after acquiring an additional 2,304 shares in the last quarter. Lake Street Advisors Group LLC raised its position in shares of Nomura by 13.6% during the third quarter. Lake Street Advisors Group LLC now owns 21,764 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 2,611 shares during the period. Citigroup Inc. lifted its holdings in shares of Nomura by 29.1% in the 3rd quarter. Citigroup Inc. now owns 13,292 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 2,995 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its position in Nomura by 16.5% in the 3rd quarter. Evergreen Capital Management LLC now owns 21,498 shares of the financial services provider’s stock valued at $86,000 after purchasing an additional 3,049 shares during the period. 15.14% of the stock is owned by institutional investors.

Nomura Stock Performance

Shares of NMR opened at $5.82 on Monday. The firm’s fifty day simple moving average is $6.05 and its two-hundred day simple moving average is $5.04. Nomura has a 12 month low of $3.38 and a 12 month high of $6.62. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 6.65. The stock has a market capitalization of $17.48 billion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 0.39 and a beta of 0.67.

Nomura (NYSE:NMR) last released its earnings results on Wednesday, January 31st. The financial services provider reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The business had revenue of $7.32 billion during the quarter. Nomura had a return on equity of 3.44% and a net margin of 3.49%. During the same period in the prior year, the business earned $0.15 EPS.

Analyst Upgrades and Downgrades

Separately, Bank of America raised shares of Nomura from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th.

Nomura Company Profile

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.