Short Interest in Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Decreases By 78.8%

Nissan Motor Co., Ltd. (OTCMKTS:NSANY - Get Free Report) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 9,400 shares, a decline of 78.8% from the March 31st total of 44,300 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 1,452,300 shares, the days-to-cover ratio is currently 0.0 days.

Nissan Motor Stock Down 1.5 %

OTCMKTS NSANY traded down $0.07 on Wednesday, reaching $4.73. The stock had a trading volume of 297,476 shares, compared to its average volume of 413,008. The company has a market capitalization of $8.78 billion, a price-to-earnings ratio of 12.45 and a beta of 0.74. The company has a current ratio of 1.79, a quick ratio of 1.48 and a debt-to-equity ratio of 0.79. Nissan Motor has a 1 year low of $4.22 and a 1 year high of $7.76. The business has a 50 day moving average price of $5.14 and a 200 day moving average price of $5.33.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.09 earnings per share 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 business had revenue of $20.74 billion for the quarter, compared to the consensus estimate of $19.51 billion. On average, analysts forecast that Nissan Motor will post 0.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Nissan Motor to a "strong sell" rating in a report on Monday, April 14th.

Nissan Motor Company Profile

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.