Short Interest in Nikon Corp. (OTCMKTS:NINOY) Expands By 748.8%

Nikon Corp. (OTCMKTS:NINOYGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,828 shares, a growth of 748.8% from the April 30th total of 451 shares. Based on an average daily volume of 6,951 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short.

Nikon Trading Down 0.8%

OTCMKTS NINOY opened at $11.90 on Friday. The business has a 50 day simple moving average of $12.16 and a 200 day simple moving average of $11.98. Nikon has a one year low of $9.09 and a one year high of $15.00. The stock has a market capitalization of $3.92 billion, a P/E ratio of -7.04 and a beta of 0.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.78 and a quick ratio of 0.83.

Nikon (OTCMKTS:NINOYGet Free Report) last released its earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative return on equity of 13.20% and a negative net margin of 12.40%.

Nikon Company Profile

(Get Free Report)

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.

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