Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Free Report) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 106,000 shares, an increase of 199.4% from the January 31st total of 35,400 shares. Based on an average trading volume of 849,400 shares, the short-interest ratio is presently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Nomura downgraded shares of Nissan Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 27th.
Get Our Latest Report on Nissan Motor
Nissan Motor Stock Down 2.4 %
Nissan Motor (OTCMKTS:NSANY – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. Nissan Motor had a net margin of 0.85% and a return on equity of 2.74%. The firm had revenue of $20.74 billion for the quarter, compared to the consensus estimate of $19.51 billion. On average, sell-side analysts expect that Nissan Motor will post 0.14 EPS for the current fiscal 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.
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