Short Interest in Nikon Corp. (OTCMKTS:NINOY) Expands By 81.4%

Nikon Corp. (OTCMKTS:NINOY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 1,197 shares, an increase of 81.4% from the December 31st total of 660 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,441 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 5,441 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Nikon Stock Performance

Shares of NINOY stock opened at $12.71 on Friday. Nikon has a one year low of $8.50 and a one year high of $13.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.89. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 70.61 and a beta of 0.53. The company’s 50-day simple moving average is $11.58 and its 200-day simple moving average is $11.26.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.15). Nikon had a return on equity of 1.33% and a net margin of 1.25%.The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.03 billion. Equities analysts anticipate that Nikon will post 0.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Nikon Company Profile

Nikon Corporation is a Tokyo?based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.