Internet Initiative Japan Inc. (OTCMKTS:IIJIY) Short Interest Update

Internet Initiative Japan Inc. (OTCMKTS:IIJIY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 200 shares, a growth of 100.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.0% of the shares of the stock are sold short.

Internet Initiative Japan Stock Performance

Shares of IIJIY stock remained flat at $32.10 during trading hours on Friday. The stock had a trading volume of 2 shares, compared to its average volume of 403. Internet Initiative Japan has a twelve month low of $27.14 and a twelve month high of $43.57. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 20.84 and a beta of 0.75. The business’s fifty day moving average price is $35.06 and its 200 day moving average price is $37.56.

Internet Initiative Japan (OTCMKTS:IIJIY) last posted its quarterly earnings data on Friday, February 7th. The communications equipment provider reported $0.47 earnings per share for the quarter. Internet Initiative Japan had a net margin of 6.80% and a return on equity of 15.89%. On average, equities analysts predict that Internet Initiative Japan will post 0.37 earnings per share for the current year.

Internet Initiative Japan Company Profile

Internet Initiative Japan Inc provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company offers mobile communication and remote access/telework services; WAN/network services, including SDN, multi-cloud network, closed connection, internet VPN, SEIL, remote access, wireless LAN, and GIGA-school; leased line and broadband services; IIJ DNS platform, and domain name registration and maintenance services; IIJ access ID management, dial-up access, and IIJ IPv6 fiber access services; and security solutions for IIJ managed firewall, DDoS protection, and managed IPS/IDS services.