Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Free Report) 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.
Read Our Latest Research Report on NSANY
Nissan Motor Trading Down 2.1 %
Nissan Motor (OTCMKTS:NSANY – Get Free Report) 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.
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