Nobility Homes Inc. (OTCMKTS:NOBH) Short Interest Up 362.5% in July

Nobility Homes Inc. (OTCMKTS:NOBH) saw a large growth in short interest in 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. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 67 shares, the short-interest ratio is currently 1.1 days.

Nobility Homes Stock Down 3.3%

Shares of Nobility Homes stock opened at $29.00 on Tuesday. Nobility Homes has a 52-week low of $24.75 and a 52-week high of $35.71. The company’s 50-day simple moving average is $29.99 and its 200-day simple moving average is $29.50. The firm has a market cap of $91.35 million, a price-to-earnings ratio of 12.39 and a beta of 0.14.

Nobility Homes (OTCMKTS:NOBH) last posted its quarterly 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.