Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Short Interest Update

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 106,000 shares, an increase of 199.4% from the January 31st total of 35,400 shares. Based on an average daily volume of 849,400 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Nomura downgraded shares of Nissan Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, November 27th.

Nissan Motor Trading Down 2.4 %

Shares of OTCMKTS:NSANY traded down $0.14 during trading on Friday, reaching $5.72. The stock had a trading volume of 269,893 shares, compared to its average volume of 441,056. The business has a fifty day moving average price of $5.69 and a 200-day moving average price of $5.54. The company has a quick ratio of 1.48, a current ratio of 1.79 and a debt-to-equity ratio of 0.79. The stock has a market cap of $10.62 billion, a P/E ratio of 15.05 and a beta of 0.90. Nissan Motor has a fifty-two week low of $4.41 and a fifty-two week high of $8.79.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.13. Nissan Motor had a net margin of 0.85% and a return on equity of 2.74%. The firm had revenue of $20.74 billion during the quarter, compared to analyst estimates of $19.51 billion. As a group, analysts anticipate that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

About Nissan Motor

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.