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

KDDI Co. (OTCMKTS:KDDIY - Get Free Report) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 116,200 shares, a drop of 79.2% from the March 31st total of 557,600 shares. Based on an average daily volume of 462,700 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company's stock are short sold.

KDDI Stock Performance

Shares of KDDI stock traded up $0.34 during trading on Friday, hitting $17.79. 100,318 shares of the company's stock traded hands, compared to its average volume of 336,374. The business has a 50-day simple moving average of $16.64 and a 200-day simple moving average of $16.22. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.65 and a quick ratio of 0.63. The stock has a market capitalization of $77.99 billion, a P/E ratio of 17.61 and a beta of 0.11. KDDI has a 1 year low of $9.06 and a 1 year high of $18.50.

KDDI (OTCMKTS:KDDIY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.30 earnings per share for the quarter. KDDI had a net margin of 10.71% and a return on equity of 10.87%. As a group, analysts forecast that KDDI will post 1.11 EPS for the current year.

KDDI Company Profile

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.