Short Interest in Mazda Motor Co. (OTCMKTS:MZDAY) Increases By 4,152.6%

Mazda Motor Co. (OTCMKTS:MZDAY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 80,800 shares, a growth of 4,152.6% from the March 15th total of 1,900 shares. Based on an average daily volume of 361,000 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Mazda Motor Price Performance

MZDAY opened at $2.81 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.56. Mazda Motor has a 1-year low of $2.44 and a 1-year high of $5.83. The company has a 50-day moving average of $3.24 and a 200-day moving average of $3.31. The company has a market capitalization of $3.54 billion, a P/E ratio of 4.07 and a beta of 0.63.

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 return on equity of 8.67% and a net margin of 2.66%. Equities analysts expect that Mazda Motor will post 0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Sanford C. Bernstein upgraded Mazda Motor to a “strong sell” rating in a research note on Monday. Daiwa America upgraded shares of Mazda Motor to a “hold” rating in a research note on Wednesday, April 2nd.

Mazda Motor Company Profile

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.