Short Interest in Nobility Homes Inc. (OTCMKTS:NOBH) Decreases By 73.0%

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

Nobility Homes Price Performance

Nobility Homes stock opened at $30.19 on Thursday. Nobility Homes has a 12 month low of $24.75 and a 12 month high of $35.71. The business has a 50 day simple moving average of $29.97 and a 200-day simple moving average of $29.43. The stock has a market capitalization of $95.09 million, a PE ratio of 12.90 and a beta of 0.16.

Nobility Homes (OTCMKTS:NOBH) last posted its quarterly earnings data on Friday, June 12th. The construction company reported $0.56 earnings per share for the quarter. The firm had revenue of $12.41 million for 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.