Internet Initiative Japan Inc. (OTCMKTS:IIJIY) Short Interest Up 100.0% in March

Internet Initiative Japan Inc. (OTCMKTS:IIJIY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, an increase of 100.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2.0 days.

Internet Initiative Japan Stock Performance

Shares of OTCMKTS:IIJIY remained flat at $32.10 during trading on Friday. The stock had a trading volume of 2 shares, compared to its average volume of 403. The company has a market cap of $2.94 billion, a PE ratio of 20.84 and a beta of 0.75. The stock has a 50 day moving average price of $35.06 and a two-hundred day moving average price of $37.58. Internet Initiative Japan has a 1-year low of $27.14 and a 1-year high of $43.57.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its quarterly earnings results on Friday, February 7th. The communications equipment provider reported $0.47 earnings per share for the quarter. Internet Initiative Japan had a return on equity of 15.89% and a net margin of 6.80%. As a group, research analysts anticipate that Internet Initiative Japan will post 0.37 EPS for the current year.

Internet Initiative Japan Company Profile

Internet Initiative Japan Inc provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company offers mobile communication and remote access/telework services; WAN/network services, including SDN, multi-cloud network, closed connection, internet VPN, SEIL, remote access, wireless LAN, and GIGA-school; leased line and broadband services; IIJ DNS platform, and domain name registration and maintenance services; IIJ access ID management, dial-up access, and IIJ IPv6 fiber access services; and security solutions for IIJ managed firewall, DDoS protection, and managed IPS/IDS services.