Short Interest in Internet Initiative Japan Inc. (OTCMKTS:IIJIY) Increases By 100.0%

Internet Initiative Japan Inc. (OTCMKTS:IIJIY - Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, an increase of 100.0% from the February 28th total of 100 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2.0 days.

Internet Initiative Japan Price Performance

Shares of OTCMKTS:IIJIY traded up $0.80 during trading on Tuesday, hitting $32.90. The company had a trading volume of 653 shares, compared to its average volume of 411. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 21.36 and a beta of 0.75. Internet Initiative Japan has a one year low of $27.14 and a one year high of $43.57. The company has a fifty day simple moving average of $35.00 and a two-hundred day simple moving average of $37.49.

Internet Initiative Japan (OTCMKTS:IIJIY - Get Free Report) last issued its earnings results on Friday, February 7th. The communications equipment provider reported $0.47 earnings per share for the quarter. Internet Initiative Japan had a return on equity of 15.89% and a net margin of 6.80%. On average, equities research analysts anticipate that Internet Initiative Japan will post 0.37 earnings per share for the current year.

About Internet Initiative Japan

Internet Initiative Japan Inc provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company offers mobile communication and remote access/telework services; WAN/network services, including SDN, multi-cloud network, closed connection, internet VPN, SEIL, remote access, wireless LAN, and GIGA-school; leased line and broadband services; IIJ DNS platform, and domain name registration and maintenance services; IIJ access ID management, dial-up access, and IIJ IPv6 fiber access services; and security solutions for IIJ managed firewall, DDoS protection, and managed IPS/IDS services.