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

Nobility Homes Inc. (OTCMKTS:NOBH) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 37 shares, a growth of ∞ from the May 14th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 439 shares, the short-interest ratio is currently 0.1 days.

Nobility Homes Price Performance

Shares of NOBH stock traded up $1.90 during trading hours on Monday, hitting $30.90. 150 shares of the company’s stock were exchanged, compared to its average volume of 1,067. The stock’s 50-day moving average is $28.77 and its 200-day moving average is $29.38. The stock has a market cap of $97.34 million, a price-to-earnings ratio of 13.21 and a beta of 0.16. Nobility Homes has a 52 week low of $24.75 and a 52 week high of $35.71.

Nobility Homes (OTCMKTS:NOBH) last announced its earnings results on Friday, June 12th. The construction company reported $0.56 EPS for the quarter. The company had revenue of $12.41 million for the quarter. Nobility Homes had a return on equity of 12.66% and a net margin of 15.54%.

About Nobility Homes

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.