Nikon Corp. (OTCMKTS:NINOY) Short Interest Update

Key Points

• Short interest rose 22.0% to 2,877 shares as of March 13, producing a days-to-cover of 2.1 based on average daily volume of 1,367 shares and roughly 0.0% of shares shorted.
• Quarterly earnings missed materially: Nikon reported ($1.83) EPS versus $0.16 expected and $1.09B in revenue versus $1.15B expected, resulting in a negative return on equity (13.39%) and net margin (-12.31%).
• Analyst stance and stock profile: Zacks upgraded Nikon from "strong sell" to "hold" (consensus: Hold); the stock's 1‑year range is $8.50–$13.00, with a $3.90B market cap and a negative P/E of -6.93.

Nikon Corp. (OTCMKTS:NINOY - Get Free Report) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,877 shares, a growth of 22.0% from the February 26th total of 2,358 shares. Based on an average daily volume of 1,367 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Nikon from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nikon has a consensus rating of "Hold".

Nikon Stock Performance

Shares of NINOY stock opened at $11.85 on Monday. Nikon has a 1 year low of $8.50 and a 1 year high of $13.00. The company's fifty day simple moving average is $12.41 and its two-hundred day simple moving average is $11.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.78 and a quick ratio of 0.83. The stock has a market capitalization of $3.90 billion, a price-to-earnings ratio of -6.93 and a beta of 0.57.

Nikon (OTCMKTS:NINOY - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported ($1.83) earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by ($1.99). The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.15 billion. Nikon had a negative return on equity of 13.39% and a negative net margin of 12.31%. As a group, analysts anticipate that Nikon will post 0.44 earnings per share for the current year.

About Nikon

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.

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