Short Interest in Nobility Homes Inc. (OTCMKTS:NOBH) Grows By 362.5%

Nobility Homes Inc. (OTCMKTS:NOBH) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 74 shares, a growth of 362.5% from the June 30th total of 16 shares. Based on an average daily volume of 67 shares, the short-interest ratio is currently 1.1 days. Currently, 0.0% of the shares of the stock are sold short.

Nobility Homes Stock Performance

Shares of Nobility Homes stock opened at $30.00 on Friday. The stock has a market capitalization of $94.50 million, a price-to-earnings ratio of 12.82 and a beta of 0.14. Nobility Homes has a 1-year low of $24.75 and a 1-year high of $35.71. The firm’s 50-day moving average price is $29.97 and its two-hundred day moving average price is $29.48.

Nobility Homes (OTCMKTS:NOBH) last posted its earnings results on Friday, June 12th. The construction company reported $0.56 earnings per share (EPS) for the quarter. The company had revenue of $12.41 million during the quarter. Nobility Homes had a net margin of 15.54% and a return on equity of 12.83%.

About Nobility Homes

Nobility Homes, Inc (OTCMKTS:NOBH) is a U.S.-based manufacturer and retailer of factory-built housing solutions. The company specializes in the design, production and sale of single- and multi-section manufactured homes, park models and related utility structures. Its offerings are targeted at the affordable housing market and recreational communities, providing a range of floor plans and customization options to meet diverse customer needs.

Production is carried out in company-operated facilities using standardized modular construction techniques.