Short Interest in KDDI Co. (OTCMKTS:KDDIY) Declines By 76.3%

KDDI Co. (OTCMKTS:KDDIY - Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 17,600 shares, a decline of 76.3% from the December 31st total of 74,300 shares. Based on an average daily trading volume, of 884,600 shares, the days-to-cover ratio is presently 0.0 days.

KDDI Stock Down 1.0 %

Shares of OTCMKTS KDDIY traded down $0.16 during trading on Friday, reaching $16.59. The company had a trading volume of 192,438 shares, compared to its average volume of 340,460. KDDI has a 12-month low of $12.80 and a 12-month high of $17.64. The company has a quick ratio of 0.62, a current ratio of 0.63 and a debt-to-equity ratio of 0.37. The business's 50-day moving average is $15.96 and its 200 day moving average is $15.93. The stock has a market cap of $72.73 billion, a PE ratio of 16.59 and a beta of 0.08.

KDDI (OTCMKTS:KDDIY - Get Free Report) last announced its quarterly earnings data 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 net margin of 10.62% and a return on equity of 10.70%. As a group, equities analysts forecast that KDDI will post 1.11 earnings per share 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.