KDDI Co. (OTCMKTS:KDDIY) Sees Significant Decline in Short Interest

KDDI Co. (OTCMKTS:KDDIY) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 16,600 shares, a drop of 77.7% from the February 28th total of 74,600 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 523,100 shares, the short-interest ratio is presently 0.0 days.

KDDI Stock Up 0.4 %

OTCMKTS:KDDIY traded up $0.07 during midday trading on Friday, reaching $16.12. The company had a trading volume of 179,229 shares, compared to its average volume of 299,258. KDDI has a 12-month low of $9.06 and a 12-month high of $17.64. The firm has a market capitalization of $70.67 billion, a price-to-earnings ratio of 15.96 and a beta of 0.04. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 0.40. The stock’s fifty day simple moving average is $16.24 and its 200-day simple moving average is $16.11.

KDDI (OTCMKTS:KDDIY) last released its earnings results on Wednesday, February 5th. The company reported $0.30 earnings per share for the quarter. KDDI had a net margin of 10.71% and a return on equity of 10.87%. On average, sell-side analysts anticipate that KDDI will post 1.11 earnings per share for the current fiscal year.

About KDDI

KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.