Nissan Motor Co. (OTCMKTS:NSANY) Short Interest Update

Nissan Motor Co. (OTCMKTS:NSANY) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 27,689 shares, a decline of 66.2% from the April 30th total of 82,003 shares. Based on an average daily volume of 274,145 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Nissan Motor Trading Down 1.6%

NSANY traded down $0.08 during trading hours on Friday, reaching $5.00. 118,110 shares of the company’s stock traded hands, compared to its average volume of 127,161. The firm has a 50-day moving average price of $4.51 and a 200 day moving average price of $4.84. The firm has a market capitalization of $9.28 billion, a PE ratio of -2.50, a PEG ratio of 2.44 and a beta of 0.56. The company has a quick ratio of 1.42, a current ratio of 1.65 and a debt-to-equity ratio of 1.06. Nissan Motor has a 52-week low of $4.05 and a 52-week high of $6.06.

Analyst Ratings Changes

Separately, Nomura raised shares of Nissan Motor to a “hold” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Nissan Motor presently has a consensus rating of “Hold”.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.