Nissan Motor Co. (OTCMKTS:NSANY) Short Interest Update

Nissan Motor Co. (OTCMKTS:NSANY) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totaling 117,300 shares, a growth of 33.1% from the July 31st total of 88,100 shares. Based on an average daily trading volume, of 341,500 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 341,500 shares, the short-interest ratio is currently 0.3 days.

Nissan Motor Stock Performance

Shares of OTCMKTS:NSANY opened at $4.85 on Thursday. The business’s 50 day moving average price is $4.54 and its 200-day moving average price is $4.84. The firm has a market capitalization of $9.01 billion, a PE ratio of -1.61 and a beta of 0.74. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.53 and a quick ratio of 1.32. Nissan Motor has a 1 year low of $4.10 and a 1 year high of $7.11.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings data on Wednesday, July 30th. The company reported ($0.39) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.21. The company had revenue of $18.90 billion for the quarter, compared to analyst estimates of $19.54 billion. Nissan Motor had a negative return on equity of 2.93% and a negative net margin of 6.54%. Nissan Motor has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Nissan Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Sell”.

About Nissan Motor

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.