KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Short Interest Up 297.0% in March

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 106,043 shares, a growth of 297.0% from the February 26th total of 26,713 shares. Based on an average trading volume of 476,395 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 476,395 shares, the short-interest ratio is presently 0.2 days.

KDDI Trading Up 0.1%

Shares of KDDIY stock opened at $16.86 on Wednesday. The stock has a market cap of $64.19 billion, a P/E ratio of 13.38 and a beta of 0.03. KDDI has a 1 year low of $9.06 and a 1 year high of $19.09. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 0.40. The stock has a 50 day simple moving average of $16.91 and a 200 day simple moving average of $16.77.

Analyst Ratings Changes

Separately, Zacks Research raised shares of KDDI from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

KDDI Company Profile

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.