Mazda Motor Co. (OTCMKTS:MZDAY) Sees Significant Growth in Short Interest

Mazda Motor Co. (OTCMKTS:MZDAY) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 89,300 shares, a growth of 60.9% from the September 30th total of 55,500 shares. Based on an average trading volume of 543,500 shares, the short-interest ratio is currently 0.2 days.

Mazda Motor Stock Performance

Shares of OTCMKTS:MZDAY traded up $0.05 on Tuesday, reaching $3.62. The company’s stock had a trading volume of 551,370 shares, compared to its average volume of 231,686. Mazda Motor has a 52-week low of $3.38 and a 52-week high of $6.52. The company has a 50-day simple moving average of $3.79 and a 200 day simple moving average of $4.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.89 and a current ratio of 1.40.

Mazda Motor (OTCMKTS:MZDAY) last released its earnings results on Wednesday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $7.73 billion during the quarter. Mazda Motor had a net margin of 4.47% and a return on equity of 14.21%. As a group, analysts forecast that Mazda Motor will post 0.88 EPS for the current fiscal year.

About Mazda Motor

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.