Nikon Co. (OTCMKTS:NINOY) Short Interest Up 14.3% in January

Nikon Co. (OTCMKTS:NINOY) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 800 shares, an increase of 14.3% from the January 15th total of 700 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 0.4 days.

Nikon Stock Performance

Shares of NINOY opened at $10.10 on Monday. Nikon has a 1 year low of $9.30 and a 1 year high of $13.07. The stock has a market capitalization of $3.50 billion, a PE ratio of 38.85 and a beta of 0.54. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 1.88. The stock has a 50-day simple moving average of $10.54 and a 200-day simple moving average of $10.93.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.18). Nikon had a return on equity of 2.01% and a net margin of 1.98%. On average, analysts predict that Nikon will post 0.44 earnings per share for the current fiscal year.

About Nikon

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.