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

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) was the target of a large growth in short interest during 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 trading volume, of 663,900 shares, the short-interest ratio is presently 0.9 days.

Wall Street Analysts Forecast Growth

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

Nissan Motor Trading Down 2.1 %

Shares of OTCMKTS NSANY traded down $0.12 during midday trading on Friday, reaching $5.69. 231,328 shares of the stock were exchanged, compared to its average volume of 209,506. The company has a 50 day simple moving average of $5.89 and a 200 day simple moving average of $6.79. The stock has a market capitalization of $11.12 billion, a P/E ratio of 3.72, a PEG ratio of 0.25 and a beta of 1.01. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.56 and a current ratio of 1.86. Nissan Motor has a twelve month low of $5.45 and a twelve month high of $9.19.

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

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.