Nikon Corp. (OTCMKTS:NINOY) Sees Significant Increase in Short Interest

Nikon Corp. (OTCMKTS:NINOY) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 2,503 shares, a growth of 174.2% from the January 29th total of 913 shares. Based on an average daily trading volume, of 3,181 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,181 shares, the short-interest ratio is presently 0.8 days.

Nikon Trading Down 2.2%

OTCMKTS NINOY opened at $12.71 on Friday. The firm’s fifty day moving average price is $12.00 and its 200 day moving average price is $11.64. Nikon has a 12 month low of $8.50 and a 12 month high of $13.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.78 and a quick ratio of 0.89. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of -7.43 and a beta of 0.59.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Thursday, February 5th. The company reported ($1.83) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($1.99). The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Nikon had a negative return on equity of 13.39% and a negative net margin of 12.31%. On average, sell-side analysts expect that Nikon will post 0.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Nikon from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Nikon Company Profile

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.