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

KDDI Co. (OTCMKTS:KDDIY - Get Free Report) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 31,400 shares, a decline of 41.2% from the November 30th total of 53,400 shares. Based on an average daily trading volume, of 324,200 shares, the short-interest ratio is presently 0.1 days.

KDDI Trading Up 1.5 %

Shares of OTCMKTS KDDIY traded up $0.23 during midday trading on Friday, reaching $15.97. 329,768 shares of the stock were exchanged, compared to its average volume of 278,333. The stock has a market capitalization of $70.01 billion, a P/E ratio of 15.97 and a beta of 0.07. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.63. The company has a 50 day simple moving average of $16.02 and a 200 day simple moving average of $15.53. KDDI has a twelve month low of $12.80 and a twelve month high of $17.64.

KDDI (OTCMKTS:KDDIY - Get Free Report) last posted its earnings results on Friday, November 1st. The company reported $0.29 EPS for the quarter. The company had revenue of $9.86 billion for the quarter. KDDI had a return on equity of 10.70% and a net margin of 10.62%. As a group, equities analysts expect that KDDI will post 1.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, New Street Research raised shares of KDDI to a "strong-buy" rating in a report on Monday, September 9th.

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.