Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Sees Large Decline in Short Interest

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY - Get Free Report) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 89,300 shares, a drop of 66.8% from the December 15th total of 268,800 shares. Based on an average daily volume of 278,700 shares, the short-interest ratio is presently 0.3 days.

Nippon Telegraph and Telephone Stock Up 0.2 %

Shares of OTCMKTS:NTTYY traded up $0.06 during trading on Monday, hitting $24.32. 169,783 shares of the company were exchanged, compared to its average volume of 130,298. The stock has a market cap of $82.92 billion, a price-to-earnings ratio of 10.57 and a beta of 0.15. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 0.73. Nippon Telegraph and Telephone has a fifty-two week low of $22.25 and a fifty-two week high of $32.45. The firm has a fifty day moving average price of $25.02 and a two-hundred day moving average price of $25.27.

Nippon Telegraph and Telephone Company Profile

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.