Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Short Interest Up 199.4% in February

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 106,000 shares, a growth of 199.4% from the January 31st total of 35,400 shares. Based on an average daily volume of 849,400 shares, the short-interest ratio is currently 0.1 days.

Nissan Motor Trading Down 2.4 %

Shares of OTCMKTS NSANY traded down $0.14 during midday trading on Friday, reaching $5.72. The stock had a trading volume of 269,893 shares, compared to its average volume of 441,056. The firm has a market cap of $10.62 billion, a price-to-earnings ratio of 15.05 and a beta of 0.90. Nissan Motor has a twelve month low of $4.41 and a twelve month high of $8.79. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.79. The company’s 50 day moving average price is $5.69 and its 200 day moving average price is $5.54.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. Nissan Motor had a net margin of 0.85% and a return on equity of 2.74%. The company had revenue of $20.74 billion for the quarter, compared to the consensus estimate of $19.51 billion. As a group, sell-side analysts expect that Nissan Motor will post 0.14 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Nomura downgraded shares of Nissan Motor from a “buy” rating to a “neutral” rating in a research report 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.