Short Interest in Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Increases By 39.1%

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 592,200 shares, a growth of 39.1% from the August 31st total of 425,800 shares. Based on an average daily volume of 663,900 shares, the short-interest ratio is presently 0.9 days.

Nissan Motor Price Performance

Shares of NSANY stock traded down $0.12 during mid-day trading on Friday, hitting $5.69. 231,328 shares of the stock were exchanged, compared to its average volume of 209,506. The firm has a fifty day moving average of $5.89 and a 200 day moving average of $6.79. The company has a quick ratio of 1.56, a current ratio of 1.86 and a debt-to-equity ratio of 0.83. Nissan Motor has a 52-week low of $5.45 and a 52-week high of $9.19. The company has a market cap of $11.12 billion, a PE ratio of 3.72, a price-to-earnings-growth ratio of 0.25 and a beta of 1.01.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, July 25th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $19.23 billion for the quarter. Nissan Motor had a net margin of 2.78% and a return on equity of 6.52%. Research analysts anticipate that Nissan Motor will post 0.99 earnings per share for the current year.

Analyst Ratings Changes

Separately, Bank of America downgraded Nissan Motor from a “buy” rating to an “underperform” rating in a research report on Tuesday, September 17th.

Nissan Motor Company Profile

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.