Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Short Interest Up 199.4% in February

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) was the recipient of a significant increase in short interest during 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 trading volume, of 849,400 shares, the short-interest 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 Stock Down 2.4 %

NSANY traded down $0.14 during trading on Friday, hitting $5.72. 269,893 shares of the company’s stock were exchanged, compared to its average volume of 441,056. 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 business’s 50 day moving average is $5.69 and its two-hundred day moving average is $5.54. Nissan Motor has a fifty-two week low of $4.41 and a fifty-two week high of $8.79. 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 (OTCMKTS:NSANY) last posted its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (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, equities analysts expect 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.