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

Mazda Motor Co. (OTCMKTS:MZDAY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,900 shares, a decrease of 74.3% from the February 28th total of 7,400 shares. Based on an average trading volume of 234,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Mazda Motor Price Performance

Shares of MZDAY traded down $0.11 during mid-day trading on Friday, reaching $3.23. The company had a trading volume of 98,404 shares, compared to its average volume of 157,963. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 4.68 and a beta of 0.73. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.56. The company’s 50 day simple moving average is $3.37 and its 200 day simple moving average is $3.40. Mazda Motor has a 1-year low of $3.02 and a 1-year high of $6.12.

Mazda Motor (OTCMKTS:MZDAY) last issued its earnings results on Friday, February 14th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. Mazda Motor had a net margin of 2.66% and a return on equity of 8.67%. Analysts expect that Mazda Motor will post 0.66 EPS for the current 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.