Nikon Corp. (OTCMKTS:NINOY) Short Interest Down 79.7% in June

Nikon Corp. (OTCMKTS:NINOYGet Free Report) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 3,364 shares, a decline of 79.7% from the June 15th total of 16,557 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,970 shares, the short-interest ratio is presently 0.3 days.

Nikon Stock Up 4.5%

NINOY traded up $0.60 during trading hours on Friday, hitting $14.10. 1,175 shares of the company’s stock were exchanged, compared to its average volume of 5,022. The firm has a market cap of $4.64 billion, a P/E ratio of -8.34 and a beta of 0.47. Nikon has a 12-month low of $9.09 and a 12-month high of $15.00. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $12.78 and a 200 day moving average of $12.29.

Nikon (OTCMKTS:NINOYGet Free Report) last issued its quarterly 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 during 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

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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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