Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Short Interest Down 97.9% in October

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 600 shares, a decline of 97.9% from the September 30th total of 28,600 shares. Based on an average trading volume of 210,500 shares, the short-interest ratio is presently 0.0 days.

Nippon Telegraph and Telephone Price Performance

Shares of NTTYY traded down $0.10 during mid-day trading on Friday, reaching $23.81. 95,865 shares of the company’s stock were exchanged, compared to its average volume of 199,057. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 0.73. The company has a 50-day simple moving average of $25.74 and a two-hundred day simple moving average of $25.45. The company has a market cap of $81.18 billion, a price-to-earnings ratio of 9.09 and a beta of 0.12. 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 earnings results on Wednesday, August 7th. The company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $20.78 billion for the quarter. Nippon Telegraph and Telephone had a net margin of 8.73% and a return on equity of 11.09%.

About Nippon Telegraph and Telephone

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.