Isuzu Motors Ltd. (OTCMKTS:ISUZY) Stock Short Interest Declines 99.1%

Key Points

• Short interest plunged 99.1% to 68 shares as of September 30, from 7,315 shares two weeks earlier; 0.0% of shares are currently sold short.
• Isuzu shares recently traded at $13.34, below their 50-day and 200-day moving averages, with a 52-week range of $12.05 to $18.94 and a market capitalization of $9.19 billion.
• The company narrowly missed quarterly EPS estimates while exceeding revenue expectations. Analyst sentiment remains mixed, with an average “Hold” rating, although UBS upgraded the stock to “Buy.”

Isuzu Motors Ltd. (OTCMKTS:ISUZY - Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 68 shares, a decrease of 99.1% from the September 15th total of 7,315 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 84,876 shares, the days-to-cover ratio is currently 0.0 days.

Isuzu Motors Price Performance

Shares of ISUZY stock traded up $0.07 during trading on Friday, hitting $13.34. The company had a trading volume of 85,667 shares, compared to its average volume of 71,192. The stock's 50-day moving average is $13.91 and its two-hundred day moving average is $14.08. The stock has a market capitalization of $9.19 billion, a price-to-earnings ratio of 9.88 and a beta of 0.59. The company has a quick ratio of 1.03, a current ratio of 1.72 and a debt-to-equity ratio of 0.39. Isuzu Motors has a 52 week low of $12.05 and a 52 week high of $18.94.

Isuzu Motors (OTCMKTS:ISUZY - Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.17 billion. Isuzu Motors had a net margin of 4.08% and a return on equity of 8.71%. As a group, analysts predict that Isuzu Motors will post 1.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Isuzu Motors from a "neutral" rating to a "buy" rating in a research note on Thursday, June 18th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

Isuzu Motors Company Profile

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related transportation equipment. Its product portfolio includes light-, medium- and heavy-duty trucks, buses, pickup trucks and other commercial vehicles, as well as diesel and other powertrain systems used in automotive, industrial and marine applications.

The company traces its history to 1916 and adopted the Isuzu name in the 1930s, later becoming Isuzu Motors Limited in 1949. Isuzu has built its business around commercial transportation, with products designed for freight, passenger transport, construction, distribution and other professional uses.

Isuzu serves customers in Japan and international markets across Asia, Oceania, Africa, Europe, North America and other regions through manufacturing operations, distributors and vehicle-service networks.

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