Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 160,800 shares, a drop of 65.5% from the September 30th total of 465,500 shares. Based on an average daily trading volume, of 560,100 shares, the days-to-cover ratio is currently 0.3 days.
Analyst Upgrades and Downgrades
Separately, Bank of America downgraded shares of Nissan Motor from a “buy” rating to an “underperform” rating in a research report on Tuesday, September 17th.
Check Out Our Latest Report on NSANY
Nissan Motor Stock Down 0.8 %
Nissan Motor (OTCMKTS:NSANY – Get Free Report) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.10 EPS for the quarter. Nissan Motor had a return on equity of 6.52% and a net margin of 2.78%. The firm had revenue of $19.23 billion during the quarter. Analysts anticipate that Nissan Motor will post 0.91 earnings per share for the current year.
Nissan Motor Company Profile
Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.
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