Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Short Interest Down 55.4% in January

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 182,700 shares, a drop of 55.4% from the December 31st total of 409,600 shares. Based on an average trading volume of 1,541,800 shares, the short-interest ratio is presently 0.1 days.

Nissan Motor Stock Up 0.6 %

Nissan Motor stock traded up $0.03 during midday trading on Thursday, hitting $5.33. 222,350 shares of the stock were exchanged, compared to its average volume of 642,359. Nissan Motor has a 1 year low of $4.41 and a 1 year high of $8.79. The firm has a market cap of $9.90 billion, a P/E ratio of 9.87 and a beta of 0.92. 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 company has a 50 day moving average price of $5.46 and a two-hundred day moving average price of $5.64.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.06 earnings per share (EPS) for the quarter. Nissan Motor had a net margin of 1.19% and a return on equity of 3.80%. The firm had revenue of $20.07 billion for the quarter. On average, sell-side analysts predict that Nissan Motor will post 0.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Nomura downgraded shares of Nissan Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 27th.

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.