Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Short Interest Up 25.9% in January

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 112,400 shares, an increase of 25.9% from the December 31st total of 89,300 shares. Based on an average daily trading volume, of 284,300 shares, the days-to-cover ratio is currently 0.4 days.

Nippon Telegraph and Telephone Stock Performance

Shares of NTTYY traded down $0.25 during mid-day trading on Monday, hitting $24.62. The stock had a trading volume of 105,744 shares, compared to its average volume of 154,015. The firm has a market cap of $83.94 billion, a P/E ratio of 10.70 and a beta of 0.15. The business has a fifty day moving average price of $24.95 and a 200-day moving average price of $25.26. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.99 and a quick ratio of 0.92. Nippon Telegraph and Telephone has a 52 week low of $22.25 and a 52 week high of $32.45.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.56 earnings per share (EPS) for the quarter. Nippon Telegraph and Telephone had a return on equity of 10.74% and a net margin of 8.56%. The company had revenue of $22.52 billion for the quarter.

Nippon Telegraph and Telephone Company Profile

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.