Isuzu Motors Ltd. (OTCMKTS:ISUZY) Shares Shorted: Short Interest Down 99.1% in September

Isuzu Motors Ltd. (OTCMKTS:ISUZY) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 68 shares, a decline of 99.1% from the September 15th total of 7,315 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 84,876 shares, the days-to-cover ratio is presently 0.0 days.

Isuzu Motors Stock Up 0.5%

Shares of OTCMKTS:ISUZY traded up $0.07 during trading on Friday, reaching $13.34. 85,667 shares of the stock traded hands, compared to its average volume of 71,192. The stock has a 50-day moving average of $13.91 and a two-hundred day moving average of $14.08. Isuzu Motors has a 52-week low of $12.05 and a 52-week high of $18.94. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.72. The stock has a market cap of $9.19 billion, a P/E ratio of 9.88 and a beta of 0.59.

Isuzu Motors (OTCMKTS:ISUZY) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). Isuzu Motors had a return on equity of 8.71% and a net margin of 4.08%. The firm had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.17 billion. As a group, sell-side analysts expect that Isuzu Motors will post 1.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Isuzu Motors from a “neutral” rating to a “buy” rating in a research note on Thursday, June 18th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

About Isuzu Motors

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related transportation equipment. Its product portfolio includes light-, medium- and heavy-duty trucks, buses, pickup trucks and other commercial vehicles, as well as diesel and other powertrain systems used in automotive, industrial and marine applications.

The company traces its history to 1916 and adopted the Isuzu name in the 1930s, later becoming Isuzu Motors Limited in 1949. Isuzu has built its business around commercial transportation, with products designed for freight, passenger transport, construction, distribution and other professional uses.

Isuzu serves customers in Japan and international markets across Asia, Oceania, Africa, Europe, North America and other regions through manufacturing operations, distributors and vehicle-service networks.