Nissan Motor Co. (OTCMKTS:NSANY) Sees Significant Growth in Short Interest

Key Points

• Nissan Motor Co. experienced a significant increase in short interest, rising by 106.8% in August, bringing the total to 242,600 shares.
• Wall Street analysts have upgraded Nissan's rating from "sell" to "hold," although the current consensus remains a "sell" from two other analysts.
• The company posted a negative EPS of ($0.39) for the last quarter, beating expectations but still reported revenues below analyst estimates.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 242,600 shares, an increase of 106.8% from the August 15th total of 117,300 shares. Based on an average trading volume of 494,100 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company's shares are short sold. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 494,100 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Nissan Motor from a "sell" rating to a "hold" rating in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Sell".

Nissan Motor Price Performance

Nissan Motor stock traded up $0.04 during mid-day trading on Friday, hitting $4.99. 89,103 shares of the company were exchanged, compared to its average volume of 198,061. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.53 and a quick ratio of 1.32. The business's 50 day simple moving average is $4.54 and its two-hundred day simple moving average is $4.83. The company has a market capitalization of $9.27 billion, a P/E ratio of -1.66 and a beta of 0.74. Nissan Motor has a 12-month low of $4.10 and a 12-month high of $7.11.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.60) by $0.21. Nissan Motor had a negative return on equity of 2.93% and a negative net margin of 6.54%.The firm had revenue of $18.90 billion during the quarter, compared to analyst estimates of $19.54 billion. Nissan Motor has set its FY 2025 guidance at EPS. Analysts forecast that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

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.

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