Nobility Homes Inc. (OTCMKTS:NOBH) Sees Large Decrease in Short Interest

Nobility Homes Inc. (OTCMKTS:NOBH) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 20 shares, a decrease of 73.0% from the July 15th total of 74 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 302 shares, the short-interest ratio is presently 0.1 days.

Nobility Homes Stock Performance

Shares of OTCMKTS:NOBH traded up $0.85 during trading hours on Friday, hitting $28.60. The stock had a trading volume of 600 shares, compared to its average volume of 452. The firm has a market capitalization of $90.09 million, a price-to-earnings ratio of 12.22 and a beta of 0.16. The stock’s fifty day simple moving average is $29.89 and its 200 day simple moving average is $29.41. Nobility Homes has a 1-year low of $24.75 and a 1-year high of $35.71.

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

Nobility Homes Company Profile

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.