Short Interest in Nikon Corp. (OTCMKTS:NINOY) Decreases By 23.7%

Nikon Corp. (OTCMKTS:NINOY) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 913 shares, a decline of 23.7% from the January 15th total of 1,197 shares. Based on an average trading volume of 4,320 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,320 shares, the short-interest ratio is presently 0.2 days.

Nikon Stock Up 2.2%

NINOY opened at $13.00 on Tuesday. The firm has a market capitalization of $4.28 billion, a P/E ratio of -7.60 and a beta of 0.59. Nikon has a one year low of $8.50 and a one year high of $13.00. The company has a fifty day moving average price of $11.77 and a 200-day moving average price of $11.49. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 0.89.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Thursday, February 5th. The company reported ($1.83) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($1.99). The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.15 billion. Nikon had a negative net margin of 12.31% and a negative return on equity of 12.92%. Equities research analysts expect that Nikon will post 0.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

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.