KDDI Co. (OTCMKTS:KDDIY) Sees Large Decline in Short Interest

KDDI Co. (OTCMKTS:KDDIY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 16,600 shares, a decrease of 77.7% from the February 28th total of 74,600 shares. Based on an average trading volume of 523,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

KDDI Stock Performance

Shares of OTCMKTS:KDDIY traded up $0.07 during trading on Friday, reaching $16.12. The company had a trading volume of 179,229 shares, compared to its average volume of 299,258. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.65 and a quick ratio of 0.63. The stock’s fifty day moving average price is $16.24 and its 200 day moving average price is $16.11. KDDI has a fifty-two week low of $9.06 and a fifty-two week high of $17.64. The firm has a market capitalization of $70.67 billion, a price-to-earnings ratio of 15.96 and a beta of 0.04.

KDDI (OTCMKTS:KDDIY) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.30 earnings per share (EPS) for the quarter. KDDI had a net margin of 10.71% and a return on equity of 10.87%. As a group, equities research analysts predict that KDDI will post 1.11 EPS for the current year.

KDDI Company Profile

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.