Isuzu Motors Ltd. (OTCMKTS:ISUZY) Sees Significant Drop in Short Interest

Key Points

• Isuzu Motors Ltd. experienced a significant 85.4% drop in short interest, with total short shares falling from 89,700 in July to just 13,100 by August 15th.
• The company's shares traded up 0.5% to $13.17, while maintaining a market cap of $9.40 billion and a PE ratio of 10.98.
• For the quarter ending August 7th, Isuzu reported earnings of $0.40 per share, slightly below analyst expectations, with revenue reaching $5.29 billion, outperforming forecasts.

Isuzu Motors Ltd. (OTCMKTS:ISUZY - Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 13,100 shares, adropof85.4% from the July 31st total of 89,700 shares. Based on an average trading volume of 92,000 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 92,000 shares, the short-interest ratio is currently 0.1 days.

Isuzu Motors Trading Up 0.5%

Shares of ISUZY traded up $0.06 during trading on Tuesday, reaching $13.17. 46,275 shares of the company traded hands, compared to its average volume of 69,958. Isuzu Motors has a twelve month low of $11.24 and a twelve month high of $15.25. The stock has a market cap of $9.40 billion, a PE ratio of 10.98 and a beta of 0.68. The stock has a 50-day simple moving average of $13.06 and a 200-day simple moving average of $13.04. The company has a quick ratio of 0.98, a current ratio of 1.60 and a debt-to-equity ratio of 0.30.

Isuzu Motors (OTCMKTS:ISUZY - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.01). Isuzu Motors had a net margin of 3.99% and a return on equity of 8.16%. The company had revenue of $5.29 billion for the quarter, compared to analyst estimates of $5.14 billion.

Isuzu Motors Company Profile

Isuzu Motors Limited manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide. Its products include heavy and medium duty trucks and buses, and light-duty trucks; passenger pickup vehicles, pickup trucks, and SUVs; and marine and industrial engines.

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