Nikon Corp. (OTCMKTS:NINOY) Short Interest Down 63.3% in May

Nikon Corp. (OTCMKTS:NINOY) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,406 shares, a decrease of 63.3% from the May 14th total of 3,828 shares. Based on an average trading volume of 35,702 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Nikon Stock Up 5.0%

OTCMKTS:NINOY traded up $0.60 during mid-day trading on Friday, reaching $12.63. The company’s stock had a trading volume of 12,862 shares, compared to its average volume of 14,590. Nikon has a 1 year low of $9.09 and a 1 year high of $15.00. The stock has a fifty day moving average of $12.11 and a 200-day moving average of $12.01. The firm has a market capitalization of $4.16 billion, a PE ratio of -7.47 and a beta of 0.50. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Nikon had a negative return on equity of 13.46% and a negative net margin of 12.40%.

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.