Short interest in Nissan Motor Co., Ltd. (OTCMKTS:NSANY) rises 39.1%

Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Free Report ) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 592,200 shares, an increase of 39.1% from its August 31st total of 425,800 shares. Based on an average daily trading volume of 663,900 shares, the short interest rate is currently 0.9 days.

Analysts on Wall Street are forecasting an increase

Separately, Bank of America downgraded shares of Nissan Motor from a “buy” rating to an “underperform” rating in a report on Tuesday, September 17th.

Read our latest research report on NSANY

Nissan Motor trading down 2.1%

Shares of OTCMKTS NSANY traded down $0.12 during midday trading on Friday, hitting $5.69. 231,328 shares of the stock were exchanged, compared to its average volume of 209,506. The company has a 50-day simple moving average of $5.89 and a 200-day simple moving average of $6.79. The stock has a market cap of $11.12 billion, a P/E ratio of 3.72, a PEG ratio of 0.25 and a beta of 1.01. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.56, and a current ratio of 1.86. Nissan Motor has a twelve month low of $5.45 and a twelve month high of $9.19.

Nissan Motor (OTCMKTS:NSANY – Get Your Free Report ) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.10 earnings per share (EPS) for the quarter. Nissan Motor had a net margin of 2.78% and a return on equity of 6.52%. The business had revenue of $19.23 billion during the quarter. As a group, equities analysts expect that Nissan Motor will post 0.99 earnings per share for the current year.

Nissan Motor Company Profile

(Get a free report)

Nissan Motor Co., Ltd. manufactures and sells vehicles and auto parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers car parts and motor vehicles; engines, manual transmissions and multiplier/reducer units; car parts; axes; and other related components.

See Also

Get news and reviews for Nissan Motor Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Nissan Motor and related companies with MarketBeat.com’s FREE daily email newsletter.