KDDI Co. (OTCMKTS:KDDIY) Sees Significant Growth in Short Interest

KDDI Co. (OTCMKTS:KDDIY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 96,700 shares, an increase of 566.9% from the June 30th total of 14,500 shares. Based on an average daily trading volume, of 572,400 shares, the short-interest ratio is currently 0.2 days.

KDDI Trading Up 0.3 %

Shares of OTCMKTS KDDIY traded up $0.05 during trading hours on Friday, reaching $14.69. The stock had a trading volume of 497,764 shares, compared to its average volume of 321,405. KDDI has a 52-week low of $12.80 and a 52-week high of $17.15. The firm has a market cap of $64.40 billion, a price-to-earnings ratio of 13.94 and a beta of 0.05. The business’s fifty day moving average price is $13.75 and its two-hundred day moving average price is $14.61. The company has a current ratio of 0.71, a quick ratio of 0.70 and a debt-to-equity ratio of 0.27.

KDDI (OTCMKTS:KDDIY) last issued its earnings results on Friday, May 10th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $10.02 billion during the quarter. KDDI had a return on equity of 11.03% and a net margin of 11.14%. Analysts expect that KDDI will post 1.12 EPS for the current fiscal year.

About KDDI

KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.