Nissan Motor Co. (OTCMKTS:NSANY) Short Interest Down 86.6% in February

Nissan Motor Co. (OTCMKTS:NSANY) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 8,323 shares, a decline of 86.6% from the February 12th total of 61,986 shares. Based on an average daily trading volume, of 287,921 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 287,921 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Several research firms have issued reports on NSANY. Wall Street Zen upgraded Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. Nomura upgraded Nissan Motor to a “hold” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Nissan Motor has an average rating of “Reduce”.

Nissan Motor Price Performance

Shares of OTCMKTS:NSANY opened at $4.77 on Wednesday. The company has a 50 day moving average of $5.18 and a 200 day moving average of $4.96. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 1.02. The stock has a market cap of $8.86 billion, a P/E ratio of -1.39 and a beta of 0.40. Nissan Motor has a 12 month low of $4.10 and a 12 month high of $6.06.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, February 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.14. The business had revenue of $19.52 billion for the quarter, compared to analysts’ expectations of $19.67 billion. Nissan Motor had a negative net margin of 7.62% and a negative return on equity of 5.05%. As a group, sell-side analysts forecast that Nissan Motor will post 0.14 EPS for the current fiscal year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.