NTT DATA Group Co. (OTCMKTS:NTDTY) Short Interest Up 533.3% in November

NTT DATA Group Co. (OTCMKTS:NTDTY) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 15,200 shares, a growth of 533.3% from the October 31st total of 2,400 shares. Based on an average daily trading volume, of 23,000 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Citigroup raised NTT DATA Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 26th.

NTT DATA Group Trading Up 0.5 %

Shares of OTCMKTS NTDTY traded up $0.09 during mid-day trading on Wednesday, hitting $18.75. The company’s stock had a trading volume of 17,688 shares, compared to its average volume of 11,455. NTT DATA Group has a one year low of $11.53 and a one year high of $19.90. The company’s fifty day simple moving average is $17.13 and its 200-day simple moving average is $15.64. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.97 and a quick ratio of 0.95. The stock has a market cap of $26.30 billion, a price-to-earnings ratio of 27.85 and a beta of 1.10.

About NTT DATA Group

NTT DATA Group Corporation provides IT and business services worldwide. It offers cloud, cybersecurity, data and intelligence, salesforce, SAP, ServiceNow, and application development and management, as well as 5G services. The company also provides consulting, industry solutions, business process services, and IT modernization and managed services.