Nissan Motor Co., Ltd. Sees Significant Drop in Short Interest

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) has experienced a substantial decline in short interest during the month of January. As of January 31, short interest stood at 35,400 shares. This marks a drastic drop of 80.6% from the 182,700 shares recorded on January 15. Given an average daily trading volume of 573,900 shares, the current short-interest ratio is merely 0.1 days.

Nissan Motor Trading Overview

Nissan's shares saw a decrease of 6.4% on a recent trading day, with the stock down by $0.37 to a price of $5.39. The trading volume during this period was 336,653 shares, compared to its average volume of 510,609. Currently, Nissan holds a quick ratio of 1.48 and a current ratio of 1.79, alongside a debt-to-equity ratio of 0.79. The company’s stock has fluctuated between a 52-week low of $4.41 and a high of $8.79. At present, Nissan has a market capitalization of $10.01 billion and a P/E ratio of 9.98, with a beta of 0.90. The stock’s 50-day moving average price is $5.53, and the 200-day moving average price is $5.55.

Market Analysts Adjust Ratings

In other news, Nomura has recently revised its rating for Nissan Motor, downgrading it from a “buy” to a “neutral” rating as of November 27.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. specializes in the manufacturing and sale of vehicles and automotive parts in various markets worldwide. The company operates under the Nissan and Infiniti brands, providing a wide range of vehicles, engine components, manual transmissions, and auxiliary parts.

Investment Considerations

Before making any investment decisions, potential investors should consider the latest analyst recommendations and market conditions. While Nissan Motor currently shows a “Reduce” rating from analysts, there may be other stock options better suited for investment.

Recent Stock Performance Insights

As the automotive market continues to evolve, investors are urged to monitor changes in stock performance and company ratings closely. Engaging in informed stock trading practices can enhance investment outcomes.

Nissan, Stock, Interest