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

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

Mazda Motor Price Performance

OTCMKTS:MZDAY traded up $0.05 during trading hours on Tuesday, hitting $3.62. 551,370 shares of the company were exchanged, 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 quick ratio of 0.89, a current ratio of 1.40 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average price is $3.79 and its 200-day moving average price is $4.47.

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

Mazda Motor Company Profile

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.