Nikon Corp. (OTCMKTS:NINOY) Short Interest Update

Nikon Corp. (OTCMKTS:NINOY) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 788 shares, a drop of 76.6% from the June 30th total of 3,364 shares. Based on an average daily volume of 6,792 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Nikon Trading Up 2.6%

Nikon stock traded up $0.35 during trading on Friday, hitting $13.68. The company’s stock had a trading volume of 2,224 shares, compared to its average volume of 2,662. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of -8.09 and a beta of 0.47. The stock’s fifty day moving average is $12.97 and its 200 day moving average is $12.47. Nikon has a 1-year low of $9.45 and a 1-year high of $15.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.96 and a current ratio of 1.97.

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

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.