Short Interest in Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Drops By 19.6%

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 144 shares, a drop of 19.6% from the January 15th total of 179 shares. Based on an average trading volume of 1,186 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,186 shares, the days-to-cover ratio is currently 0.1 days.

Internet Initiative Japan Price Performance

OTCMKTS:IIJIY opened at $28.64 on Friday. Internet Initiative Japan has a one year low of $28.64 and a one year high of $44.71. The company has a market cap of $2.63 billion, a PE ratio of 17.05 and a beta of 1.17. The firm has a 50-day moving average of $33.67 and a 200-day moving average of $35.66.

Internet Initiative Japan (OTCMKTS:IIJIY) last announced its earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.11). The firm had revenue of $557.44 million during the quarter, compared to analysts’ expectations of $565.72 million. Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.16%. On average, equities research analysts expect that Internet Initiative Japan will post 0.37 earnings per share for the current fiscal year.

About Internet Initiative Japan

Internet Initiative Japan Inc (OTCMKTS: IIJIY) was founded in 1992 and is recognized as Japan’s first commercial Internet service provider. Headquartered in Tokyo, the company builds and operates large‐scale IP networks, offering a full suite of connectivity solutions including dedicated internet access, virtual private networks (VPNs), multiprotocol label switching (MPLS) services, and high‐capacity leased lines. IIJ’s network backbone spans major Japanese cities and is linked to international points of presence, supporting both domestic and cross-border data traffic.

In addition to core connectivity services, IIJ provides a broad portfolio of IT infrastructure offerings.