Nikon Corp. (OTCMKTS:NINOY) Sees Large Decline in Short Interest

Nikon Corp. (OTCMKTS:NINOY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 788 shares, a decrease of 76.6% from the June 30th total of 3,364 shares. Based on an average trading volume of 6,792 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Nikon Price Performance

NINOY stock opened at $13.68 on Friday. The business has a fifty day moving average of $12.97 and a two-hundred day moving average of $12.47. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of -8.09 and a beta of 0.47. Nikon has a 52-week low of $9.45 and a 52-week high of $15.00.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.

About Nikon

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.