Short Interest in Nissan Motor Co. (OTCMKTS:NSANY) Increases By 2,671.6%

Nissan Motor Co. (OTCMKTS:NSANY) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 75,860 shares, a growth of 2,671.6% from the January 15th total of 2,737 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 258,411 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 258,411 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Nissan Motor Stock Performance

OTCMKTS:NSANY traded up $0.03 on Tuesday, hitting $5.22. The stock had a trading volume of 136,207 shares, compared to its average volume of 137,041. Nissan Motor has a 52-week low of $4.10 and a 52-week high of $6.10. The business’s 50-day simple moving average is $5.02 and its two-hundred day simple moving average is $4.83. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of -1.54 and a beta of 0.44. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 1.02.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Nissan Motor currently has a consensus rating of “Sell”.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.