Nissan Motor Co. (OTCMKTS:NSANY) Stock Short Interest Declines 54.9%

Nissan Motor Co. (OTCMKTS:NSANY) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 135,024 shares, a drop of 54.9% from the August 31st total of 299,590 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 389,410 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Nissan Motor from a “strong sell” rating to a “hold” rating in a report on Thursday, August 20th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nissan Motor presently has an average rating of “Hold”.

Nissan Motor Price Performance

OTCMKTS NSANY traded down $0.07 during trading hours on Tuesday, reaching $3.80. The company’s stock had a trading volume of 146,864 shares, compared to its average volume of 200,875. Nissan Motor has a 1 year low of $3.72 and a 1 year high of $6.06. The company has a quick ratio of 1.33, a current ratio of 1.54 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of -2.48, a PEG ratio of 1.71 and a beta of 0.61. The firm’s 50-day moving average price is $4.12 and its 200-day moving average price is $4.27.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Monday, August 3rd. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.14) by $0.18. The firm had revenue of $18.93 billion for the quarter, compared to the consensus estimate of $18.81 billion. Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.50%. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. On average, equities research analysts predict that Nissan Motor will post 0.08 EPS for the current fiscal year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. is a Japanese automobile manufacturer headquartered in Yokohama, Japan. The company develops, manufactures and sells passenger cars, sport utility vehicles, trucks, light commercial vehicles and electric vehicles under the Nissan, Infiniti and Nismo brands. Its product portfolio includes battery-electric models such as the LEAF and Ariya, as well as vehicles using Nissan’s e-POWER hybrid technology.

Nissan serves customers in major markets across Asia, North America, Europe, Latin America, the Middle East and other regions.