Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Sees Large Decline in Short Interest

Nissan Motor Co., Ltd. (OTCMKTS:NSANY - Get Free Report) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 9,400 shares, a decrease of 78.8% from the March 31st total of 44,300 shares. Based on an average daily volume of 1,452,300 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised Nissan Motor to a "strong sell" rating in a report on Monday, April 14th.

Nissan Motor Price Performance

Shares of OTCMKTS:NSANY traded up $0.21 during trading on Friday, hitting $4.66. 278,804 shares of the company were exchanged, compared to its average volume of 417,310. Nissan Motor has a 1-year low of $4.22 and a 1-year high of $7.76. The company has a market capitalization of $8.65 billion, a P/E ratio of 12.26 and a beta of 0.74. 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 $5.19 and its 200-day moving average is $5.34.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.13. The business had revenue of $20.74 billion during the quarter, compared to the consensus estimate of $19.51 billion. Nissan Motor had a return on equity of 2.74% and a net margin of 0.85%. Equities analysts forecast that Nissan Motor will post 0.14 earnings per share for the current 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.

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