Nissan Motor Co. (OTCMKTS:NSANY) Sees Significant Increase in Short Interest

Nissan Motor Co. (OTCMKTS:NSANY) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 75,860 shares, an increase of 2,671.6% from the January 15th total of 2,737 shares. Based on an average daily volume of 258,411 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 258,411 shares, the days-to-cover ratio is presently 0.3 days.

Nissan Motor Price Performance

NSANY traded up $0.03 on Tuesday, reaching $5.22. 136,207 shares of the company’s stock were exchanged, compared to its average volume of 137,041. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 1.38. The stock’s fifty day moving average price is $5.02 and its 200-day moving average price is $4.83. Nissan Motor has a twelve month low of $4.10 and a twelve month high of $6.10. The stock has a market cap of $9.69 billion, a PE ratio of -1.54 and a beta of 0.44.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Nissan Motor

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.