Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 263 shares, a decline of 46.4% from the May 14th total of 491 shares. Based on an average daily trading volume, of 1,426 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
Internet Initiative Japan Price Performance
Shares of OTCMKTS:IIJIY traded up $0.20 during trading hours on Monday, hitting $36.29. 453 shares of the company’s stock traded hands, compared to its average volume of 816. Internet Initiative Japan has a 1 year low of $27.00 and a 1 year high of $40.70. The business has a fifty day moving average price of $35.68 and a 200-day moving average price of $33.43. The firm has a market capitalization of $3.33 billion, a P/E ratio of 20.16 and a beta of 1.16.
Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last announced its earnings results on Thursday, May 14th. The communications equipment provider reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.10. Internet Initiative Japan had a return on equity of 15.88% and a net margin of 6.97%.The business had revenue of $607.44 million during the quarter, compared to analyst estimates of $598.43 million.
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.
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