KDDI Co. (OTCMKTS:KDDIY) Sees Large Drop in Short Interest

KDDI Co. (OTCMKTS:KDDIY) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 74,600 shares, a decrease of 59.4% from the February 13th total of 183,700 shares. Based on an average daily volume of 329,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

KDDI Stock Down 0.9 %

Shares of OTCMKTS KDDIY traded down $0.14 during mid-day trading on Friday, reaching $16.00. The company had a trading volume of 156,989 shares, compared to its average volume of 304,044. The stock has a fifty day moving average of $16.08 and a two-hundred day moving average of $16.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.63 and a current ratio of 0.65. The company has a market capitalization of $70.14 billion, a price-to-earnings ratio of 15.84 and a beta of 0.04. KDDI has a 12-month low of $12.80 and a 12-month high of $17.64.

KDDI (OTCMKTS:KDDIY) last issued its quarterly earnings data 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%. As a group, equities research analysts expect that KDDI will post 1.11 EPS for the current year.

KDDI Company Profile

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.