Nikon Co. (OTCMKTS:NINOY) Short Interest Update

Nikon Co. (OTCMKTS:NINOY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,300 shares, a growth of 21.1% from the August 31st total of 1,900 shares. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is currently 0.2 days.

Nikon Price Performance

NINOY stock traded up $0.07 during trading on Friday, hitting $10.30. The company had a trading volume of 4,872 shares, compared to its average volume of 6,953. The company has a fifty day moving average price of $10.48 and a two-hundred day moving average price of $10.38. Nikon has a fifty-two week low of $8.85 and a fifty-two week high of $11.50. The company has a market cap of $3.57 billion, a P/E ratio of 16.09 and a beta of 0.54. The company has a current ratio of 1.89, a quick ratio of 1.02 and a debt-to-equity ratio of 0.11.

Nikon (OTCMKTS:NINOY) last issued its earnings results on Thursday, August 8th. The company reported $0.05 EPS for the quarter. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. Nikon had a net margin of 4.56% and a return on equity of 4.87%. Equities research analysts expect that Nikon will post 0.53 earnings per share for the current fiscal year.

About Nikon

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.