KDDI Co. (OTCMKTS:KDDIY) Short Interest Down 77.7% in March

KDDI Co. (OTCMKTS:KDDIY) was the target of a significant decline in short interest in the month of 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. Based on an average daily trading volume, of 523,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

KDDI Stock Performance

Shares of KDDIY opened at $15.99 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 0.40. The firm’s fifty day simple moving average is $16.21 and its two-hundred day simple moving average is $16.11. KDDI has a 12 month low of $12.80 and a 12 month high of $17.64. The stock has a market capitalization of $70.10 billion, a P/E ratio of 15.83 and a beta of 0.04.

KDDI (OTCMKTS:KDDIY) last announced its earnings results 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%. As a group, analysts predict 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.