Short Interest in Nikon Corp. (OTCMKTS:NINOY) Rises By 1,077.6%

Nikon Corp. (OTCMKTS:NINOY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 16,557 shares, a growth of 1,077.6% from the May 31st total of 1,406 shares. Based on an average daily volume of 27,880 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are short sold.

Nikon Stock Up 4.3%

Shares of OTCMKTS NINOY opened at $13.84 on Friday. The firm’s fifty day moving average is $12.27 and its 200 day moving average is $12.12. Nikon has a 52 week low of $9.09 and a 52 week high of $15.00. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The company has a market cap of $4.56 billion, a price-to-earnings ratio of -8.19 and a beta of 0.50.

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

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.