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

KDDI Co. (OTCMKTS:KDDIY) was the recipient of a large growth in short interest in January. As of January 31st, there was short interest totalling 150,300 shares, a growth of 754.0% from the January 15th total of 17,600 shares. Based on an average daily volume of 555,900 shares, the days-to-cover ratio is currently 0.3 days.

KDDI Stock Performance

OTCMKTS:KDDIY traded up $0.43 during trading hours on Friday, hitting $16.45. 237,682 shares of the company were exchanged, compared to its average volume of 351,244. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.65 and a quick ratio of 0.62. KDDI has a 52-week low of $12.80 and a 52-week high of $17.64. The stock has a market capitalization of $72.11 billion, a price-to-earnings ratio of 16.29 and a beta of 0.08. The company’s 50 day moving average price is $15.97 and its 200-day moving average price is $16.04.

KDDI (OTCMKTS:KDDIY) last announced 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, research analysts forecast that KDDI will post 1.11 earnings per share 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.