Nikon Co. (OTCMKTS:NINOY) Short Interest Up 100.0% in May

Nikon Co. (OTCMKTS:NINOY - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 200 shares, an increase of 100.0% from the April 30th total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is presently 0.0 days.

Nikon Trading Up 2.7%

Shares of Nikon stock traded up $0.26 on Wednesday, hitting $9.95. The stock had a trading volume of 2,960 shares, compared to its average volume of 2,055. Nikon has a one year low of $8.50 and a one year high of $13.07. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 38.27 and a beta of 0.52. The stock's 50-day simple moving average is $9.87 and its two-hundred day simple moving average is $10.43. The company has a quick ratio of 0.96, a current ratio of 1.88 and a debt-to-equity ratio of 0.12.

Nikon (OTCMKTS:NINOY - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.16). Nikon had a return on equity of 2.01% and a net margin of 1.98%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $201.19 billion. As a group, sell-side analysts predict that Nikon will post 0.44 EPS for the current year.

Nikon Company Profile

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.