Short Interest in Nissan Motor Co. (OTCMKTS:NSANY) Increases By 83.2%

Nissan Motor Co. (OTCMKTS:NSANY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 419,700 shares, an increase of 83.2% from the September 30th total of 229,100 shares. Based on an average daily trading volume, of 307,100 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 307,100 shares, the days-to-cover ratio is currently 1.4 days.

Nissan Motor Stock Performance

NSANY stock opened at $4.61 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.32 and a current ratio of 1.53. The stock has a market cap of $8.56 billion, a P/E ratio of -1.53 and a beta of 0.71. The firm has a 50 day simple moving average of $4.83 and a 200 day simple moving average of $4.73. Nissan Motor has a 52 week low of $4.10 and a 52 week high of $7.11.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Nissan Motor from a “hold” rating to a “sell” rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

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.