Nikon Corp. (OTCMKTS:NINOY) Short Interest Down 63.3% in May

Nikon Corp. (OTCMKTS:NINOY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,406 shares, a decline of 63.3% from the May 14th total of 3,828 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 35,702 shares, the days-to-cover ratio is currently 0.0 days.

Nikon Trading Up 5.0%

Shares of Nikon stock traded up $0.60 during midday trading on Friday, reaching $12.63. The company had a trading volume of 12,862 shares, compared to its average volume of 14,590. The stock has a fifty day moving average price of $12.11 and a 200 day moving average price of $12.01. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96. The firm has a market cap of $4.16 billion, a PE ratio of -7.47 and a beta of 0.50. Nikon has a fifty-two week low of $9.09 and a fifty-two week high of $15.00.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative return on equity of 13.46% and a negative net margin of 12.40%.

Nikon Company Profile

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.