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

Nobility Homes Inc. (OTCMKTS:NOBH) was the recipient of a significant 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 67 shares, the days-to-cover ratio is presently 1.1 days.

Nobility Homes Price Performance

NOBH 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. The company has a 50-day moving average of $29.97 and a two-hundred day moving average of $29.48. Nobility Homes has a 52-week low of $24.75 and a 52-week high of $35.71.

Nobility Homes (OTCMKTS:NOBH) last released its earnings results on Friday, June 12th. The construction company reported $0.56 EPS for the quarter. The firm 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%.

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.