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Short Interest in Isuzu Motors Limited (OTCMKTS:ISUZY) Declines By 70.1% - Defense World

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Isuzu Motors Limited (OTCMKTS:ISUZYGet Rating) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 8,600 shares, a decrease of 70.1% from the May 15th total of 28,800 shares. Based on an average daily trading volume, of 80,300 shares, the days-to-cover ratio is presently 0.1 days.

Separately, CLSA cut Isuzu Motors from a “buy” rating to an “underperform” rating in a report on Monday, May 16th.

Isuzu Motors stock traded down $0.06 during trading on Friday, reaching $12.16. The company had a trading volume of 175,272 shares, compared to its average volume of 40,665. Isuzu Motors has a 52 week low of $10.82 and a 52 week high of $14.76. The firm’s 50-day simple moving average is $11.88 and its 200 day simple moving average is $12.61. The firm has a market capitalization of $9.45 billion, a price-to-earnings ratio of 8.09 and a beta of 1.26. The company has a current ratio of 1.66, a quick ratio of 1.20 and a debt-to-equity ratio of 0.27.

Isuzu Motors (OTCMKTS:ISUZYGet Rating) last announced its earnings results on Friday, May 13th. The company reported $0.28 EPS for the quarter. Isuzu Motors had a return on equity of 9.72% and a net margin of 5.05%. The company had revenue of $6.29 billion for the quarter.

About Isuzu Motors (Get Rating)

Isuzu Motors Limited manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide. Its products include heavy and medium duty trucks and buses, and light-duty trucks; passenger pickup vehicles, pickup trucks, tractors, and sport utility vehicles; and marine and industrial engines.

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