Short Interest in Nikon Corp. (OTCMKTS:NINOY) Expands By 2,106.7%

Nikon Corp. (OTCMKTS:NINOY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,964 shares, an increase of 2,106.7% from the November 30th total of 89 shares. Based on an average trading volume of 3,532 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 3,532 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

NINOY has been the topic of several research analyst reports. Zacks Research lowered Nikon from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th. Jefferies Financial Group cut Nikon from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Nikon Stock Performance

Shares of Nikon stock opened at $11.04 on Friday. The business has a 50-day simple moving average of $11.58 and a 200 day simple moving average of $10.93. Nikon has a one year low of $8.50 and a one year high of $12.91. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 0.89. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 61.33 and a beta of 0.52.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.15). Nikon had a net margin of 1.25% and a return on equity of 1.33%. The firm had revenue of $1 billion during the quarter, compared to analyst estimates of $1.03 billion. On average, research analysts anticipate that Nikon will post 0.44 earnings per share for the current fiscal year.

About Nikon

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.