Nikon Corp. (OTCMKTS:NINOY) Short Interest Down 63.3% in May

Nikon Corp. (OTCMKTS:NINOY) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,406 shares, a decline of 63.3% from the May 14th total of 3,828 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 35,702 shares, the short-interest ratio is currently 0.0 days.

Nikon Stock Up 5.0%

Shares of OTCMKTS:NINOY traded up $0.60 during mid-day trading on Friday, hitting $12.63. 12,862 shares of the company traded hands, compared to its average volume of 14,590. The stock has a market cap of $4.16 billion, a P/E ratio of -7.47 and a beta of 0.50. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. Nikon has a 12-month low of $9.09 and a 12-month high of $15.00. The stock has a 50-day moving average price of $12.11 and a two-hundred day moving average price of $12.01.

Nikon (OTCMKTS:NINOY) last announced its earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.05). The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.

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.