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

KDDI Co. (OTCMKTS:KDDIY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 16,600 shares, a decrease of 77.7% from the February 28th total of 74,600 shares. Based on an average trading volume of 523,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

KDDI Stock Performance

KDDIY opened at $16.12 on Friday. The company has a market cap of $70.67 billion, a price-to-earnings ratio of 15.96 and a beta of 0.04. The firm’s fifty day simple moving average is $16.24 and its two-hundred day simple moving average is $16.11. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 0.40. KDDI has a 52-week low of $9.06 and a 52-week high of $17.64.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.30 EPS for the quarter. KDDI had a return on equity of 10.87% and a net margin of 10.71%. Equities analysts anticipate that KDDI will post 1.11 earnings per share for the current fiscal year.

About KDDI

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.