Nissan Motor Co. (OTCMKTS:NSANY) Short Interest Down 59.4% in July

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 target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 88,100 shares, adropof59.4% from the July 15th total of 217,000 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 527,700 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 527,700 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.0% of the shares of the stock are sold short.

Nissan Motor Stock Performance

OTCMKTS NSANY traded down $0.0306 during trading on Thursday, hitting $4.8194. 333,174 shares of the company's stock were exchanged, compared to its average volume of 195,109. The company has a quick ratio of 1.32, a current ratio of 1.53 and a debt-to-equity ratio of 0.82. Nissan Motor has a fifty-two week low of $4.10 and a fifty-two week high of $7.11. The stock's 50 day moving average price is $4.57 and its two-hundred day moving average price is $4.93.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported ($0.39) earnings per share for the quarter, beating analysts' consensus estimates of ($0.60) by $0.21. The company 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%. Nissan Motor has set its FY 2025 guidance at EPS. On average, equities research analysts expect that Nissan Motor will post 0.14 EPS for the current fiscal year.

About Nissan Motor

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.