Short Interest in Nissan Motor Co. (OTCMKTS:NSANY) Grows By 264.4%

Nissan Motor Co. (OTCMKTS:NSANY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 82,003 shares, a growth of 264.4% from the April 15th total of 22,504 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 309,166 shares, the short-interest ratio is presently 0.3 days.

Nissan Motor Trading Up 1.7%

Shares of NSANY traded up $0.08 during midday trading on Friday, hitting $4.75. 167,700 shares of the stock were exchanged, compared to its average volume of 182,897. Nissan Motor has a 52-week low of $4.05 and a 52-week high of $6.06. The stock has a fifty day simple moving average of $4.49 and a 200 day simple moving average of $4.84. The firm has a market cap of $8.82 billion, a P/E ratio of -2.38, a P/E/G ratio of 0.85 and a beta of 0.56. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.42 and a current ratio of 1.65.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.92) EPS for the quarter, topping the consensus estimate of ($1.32) by $0.40. Nissan Motor had a negative return on equity of 7.49% and a negative net margin of 4.41%.The business had revenue of $21.73 billion during the quarter, compared to analyst estimates of $21.66 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. On average, research analysts anticipate that Nissan Motor will post 0.19 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Nomura upgraded Nissan Motor to a “hold” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

About Nissan Motor

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.