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

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

Wall Street Analyst Weigh In

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

Nissan Motor Stock Down 1.4%

Shares of NSANY stock opened at $4.85 on Thursday. The stock has a market cap of $9.01 billion, a P/E ratio of -1.61 and a beta of 0.74. Nissan Motor has a twelve month low of $4.10 and a twelve month high of $7.11. The stock has a 50 day moving average of $4.54 and a 200 day moving average of $4.84. The company has a current ratio of 1.53, a quick ratio of 1.32 and a debt-to-equity ratio of 0.82.

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

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.