Short Interest in Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Drops By 80.6%

Nissan Motor Co., Ltd. (OTCMKTS:NSANY - Get Free Report) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 35,400 shares, a decline of 80.6% from the January 15th total of 182,700 shares. Based on an average daily trading volume, of 573,900 shares, the short-interest ratio is currently 0.1 days.

Nissan Motor Trading Up 1.8 %

Shares of NSANY traded up $0.10 during midday trading on Friday, hitting $5.60. The stock had a trading volume of 283,456 shares, compared to its average volume of 354,095. Nissan Motor has a 1 year low of $4.41 and a 1 year high of $8.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.79 and a quick ratio of 1.48. The stock's 50 day moving average is $5.57 and its 200 day moving average is $5.54. The firm has a market cap of $10.40 billion, a PE ratio of 10.37 and a beta of 0.90.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.13. The business had revenue of $20.74 billion for the quarter, compared to analyst estimates of $19.51 billion. Nissan Motor had a return on equity of 3.80% and a net margin of 1.19%. As a group, analysts forecast that Nissan Motor will post 0.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.