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

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

KDDI Stock Down 1.0 %

KDDIY stock opened at $15.99 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.63 and a current ratio of 0.65. KDDI has a fifty-two week low of $12.80 and a fifty-two week high of $17.64. The stock’s 50 day simple moving average is $16.21 and its 200 day simple moving average is $16.11. The company has a market cap of $70.10 billion, a P/E ratio of 15.83 and a beta of 0.04.

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