Nikon Co. (OTCMKTS:NINOY) Sees Large Increase in Short Interest

Nikon Co. (OTCMKTS:NINOY) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,300 shares, a growth of 21.1% from the August 31st total of 1,900 shares. Based on an average trading volume of 11,900 shares, the short-interest ratio is presently 0.2 days.

Nikon Stock Performance

Shares of NINOY opened at $10.30 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.89 and a quick ratio of 1.02. Nikon has a one year low of $8.85 and a one year high of $11.50. The firm has a market capitalization of $3.57 billion, a P/E ratio of 16.09 and a beta of 0.54. The business has a fifty day moving average of $10.48 and a 200 day moving average of $10.38.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.05 EPS for the quarter. Nikon had a return on equity of 4.87% and a net margin of 4.56%. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. As a group, sell-side analysts anticipate that Nikon will post 0.53 EPS for the current year.

About Nikon

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.