Short Interest in Nissan Motor Co. (OTCMKTS:NSANY) Declines By 59.4%

Key Points

• Nissan Motor Co. experienced a significant decline in short interest, dropping by 59.4% from 217,000 shares to 88,100 shares as of July 31.
• The company reported a negative earnings per share of ($0.39) for the quarter, surpassing analysts' expectations by $0.21.
• Nissan's current stock trading value is $4.59, with a market cap of $8.52 billion and a price-to-earnings ratio of -1.52.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 88,100 shares, adecreaseof59.4% from the July 15th total of 217,000 shares. Approximately0.0% of the company's shares are sold short. Based on an average trading volume of 527,700 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 527,700 shares, the short-interest ratio is presently 0.2 days. Approximately0.0% of the company's shares are sold short.

Nissan Motor Stock Performance

NSANY stock traded up $0.11 on Friday, hitting $4.59. The company had a trading volume of 100,338 shares, compared to its average volume of 225,268. Nissan Motor has a 12-month low of $4.10 and a 12-month high of $7.11. The company has a current ratio of 1.53, a quick ratio of 1.32 and a debt-to-equity ratio of 0.82. The stock's 50-day simple moving average is $4.57 and its 200 day simple moving average is $4.94. The stock has a market cap of $8.52 billion, a price-to-earnings ratio of -1.52 and a beta of 0.80.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported ($0.39) earnings per share for the quarter, topping analysts' consensus estimates of ($0.60) by $0.21. The firm had revenue of $18.90 billion for the quarter, compared to the consensus estimate of $19.54 billion. Nissan Motor had a negative net margin of 6.54% and a negative return on equity of 2.93%. As a group, equities research analysts expect 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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