Nobility Homes Inc. (OTCMKTS:NOBH) Short Interest Down 57.4% in August

Nobility Homes Inc. (OTCMKTS:NOBH) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 26 shares, a decline of 57.4% from the August 15th total of 61 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 75 shares, the short-interest ratio is presently 0.3 days.

Nobility Homes Price Performance

Shares of NOBH stock remained flat at $28.00 during trading hours on Tuesday. The stock had a trading volume of 200 shares, compared to its average volume of 298. Nobility Homes has a 1-year low of $24.02 and a 1-year high of $35.71. The firm has a market cap of $88.31 million, a P/E ratio of 11.76 and a beta of 0.16. The stock has a 50-day simple moving average of $28.86 and a two-hundred day simple moving average of $29.27.

Nobility Homes (OTCMKTS:NOBH) last announced its quarterly earnings data on Friday, September 11th. The construction company reported $0.60 EPS for the quarter. The firm had revenue of $12.14 million for the quarter. Nobility Homes had a return on equity of 12.94% and a net margin of 15.65%.

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.