Short Interest in Nikon Corp. (OTCMKTS:NINOY) Grows By 81.4%

Nikon Corp. (OTCMKTS:NINOY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,197 shares, an increase of 81.4% from the December 31st total of 660 shares. Based on an average daily volume of 5,441 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 5,441 shares, the days-to-cover ratio is currently 0.2 days.

Nikon Stock Down 4.3%

Nikon stock opened at $12.44 on Friday. The stock has a market cap of $4.09 billion, a PE ratio of 69.11 and a beta of 0.53. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 0.89. The stock’s fifty day moving average is $11.55 and its two-hundred day moving average is $11.22. Nikon has a 1-year low of $8.50 and a 1-year high of $13.00.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.15). Nikon had a return on equity of 1.33% and a net margin of 1.25%.The business had revenue of $1 billion for the quarter, compared to analyst estimates of $1.03 billion. On average, sell-side analysts expect that Nikon will post 0.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Nikon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Nikon presently 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.