Short Interest in Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Drops By 22.7%

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 523,100 shares, a decrease of 22.7% from the November 15th total of 676,700 shares. Based on an average daily trading volume, of 932,300 shares, the days-to-cover ratio is presently 0.6 days.

Nissan Motor Stock Performance

Shares of OTCMKTS:NSANY traded down $0.04 during midday trading on Monday, hitting $4.66. The company had a trading volume of 300,700 shares, compared to its average volume of 269,462. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.87 and a quick ratio of 1.56. The company has a market cap of $8.65 billion, a price-to-earnings ratio of 8.63, a PEG ratio of 0.23 and a beta of 0.98. Nissan Motor has a 12-month low of $4.65 and a 12-month high of $8.79. The company has a fifty day moving average of $5.20 and a two-hundred day moving average of $5.90.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NSANY shares. Bank of America cut Nissan Motor from a “buy” rating to an “underperform” rating in a report on Tuesday, September 17th. Nomura cut Nissan Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, November 27th.

About Nissan Motor

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.