Short Interest in Mazda Motor Co. (OTCMKTS:MZDAY) Drops By 74.3%

Mazda Motor Co. (OTCMKTS:MZDAY) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,900 shares, a drop of 74.3% from the February 28th total of 7,400 shares. Based on an average daily volume of 234,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Mazda Motor Stock Performance

Shares of Mazda Motor stock traded down $0.11 on Friday, hitting $3.23. The stock had a trading volume of 98,404 shares, compared to its average volume of 157,963. The company has a current ratio of 1.56, a quick ratio of 0.98 and a debt-to-equity ratio of 0.30. Mazda Motor has a 52-week low of $3.02 and a 52-week high of $6.12. The company’s 50 day moving average price is $3.37 and its 200 day moving average price is $3.40. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 4.68 and a beta of 0.73.

Mazda Motor (OTCMKTS:MZDAY) last announced its quarterly earnings data on Friday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.02. Mazda Motor had a net margin of 2.66% and a return on equity of 8.67%. On average, research analysts anticipate that Mazda Motor will post 0.66 EPS for the current year.

About Mazda Motor

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.