KDDI Co. (OTCMKTS:KDDIY) Sees Significant Growth in Short Interest

KDDI Co. (OTCMKTS:KDDIY) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 183,700 shares, a growth of 22.2% from the January 31st total of 150,300 shares. Based on an average daily volume of 612,800 shares, the days-to-cover ratio is currently 0.3 days.

KDDI Price Performance

OTCMKTS KDDIY opened at $16.49 on Thursday. KDDI has a 12-month low of $12.80 and a 12-month high of $17.64. The firm’s fifty day simple moving average is $16.03 and its two-hundred day simple moving average is $16.16. 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 has a market capitalization of $72.29 billion, a P/E ratio of 16.33 and a beta of 0.08.

KDDI (OTCMKTS:KDDIY) last posted its earnings results on Wednesday, February 5th. The company reported $0.30 earnings per share (EPS) for the quarter. KDDI had a net margin of 10.71% and a return on equity of 10.87%. Analysts forecast that KDDI will post 1.11 EPS 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.