Nobility Homes Inc. (OTCMKTS:NOBH) Sees Significant Growth in Short Interest

Nobility Homes Inc. (OTCMKTS:NOBH) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 165 shares, an increase of 170.5% from the September 15th total of 61 shares. Based on an average daily trading volume, of 621 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Nobility Homes Price Performance

Shares of OTCMKTS:NOBH opened at $27.56 on Wednesday. The firm has a fifty day moving average of $28.02 and a two-hundred day moving average of $28.94. The firm has a market capitalization of $86.92 million, a P/E ratio of 11.58 and a beta of 0.16. Nobility Homes has a 12-month low of $24.02 and a 12-month high of $35.00.

Nobility Homes (OTCMKTS:NOBH) last posted its quarterly earnings results on Friday, September 11th. The construction company reported $0.60 EPS for the quarter. Nobility Homes had a net margin of 15.65% and a return on equity of 12.96%. The business had revenue of $12.14 million for the quarter.

Nobility Homes Company Profile

Nobility Homes, Inc is a Florida-based manufacturer and retailer of manufactured housing. The company produces factory-built homes, including single-section and multi-section models, designed for residential use. Its homes are marketed under the Nobility Homes name and are sold through the company’s retail operations and dealer network.

The company’s activities include home design, manufacturing, sales and related customer services. Nobility Homes has historically focused on serving the Florida market, with its manufacturing operations and retail presence centered in the state.