KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Short Interest Up 505.4% in July

Key Points

• KDDI Corporation's short interest surged by 505.4% in July, with total short interest rising to 44,800 shares from 7,400 shares at the end of June.
• The stock price of KDDI Corporation is currently at $16.70, with a market capitalization of approximately $69.94 billion.
• KDDI operates in two segments, providing telecommunications services and solutions through multiple brands including au, UQ mobile, and povo.

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 44,800 shares, anincreaseof505.4% from the June 30th total of 7,400 shares. Based on an average daily volume of 394,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 394,700 shares, the days-to-cover ratio is presently 0.1 days.

KDDI Stock Down 1.2%

Shares of KDDIY traded down $0.20 during mid-day trading on Monday, hitting $16.50. 199,796 shares of the company's stock were exchanged, compared to its average volume of 212,315. The company has a market cap of $69.10 billion, a PE ratio of 16.34 and a beta of 0.07. KDDI has a 52 week low of $9.06 and a 52 week high of $19.09. The company has a 50-day simple moving average of $16.79 and a 200 day simple moving average of $16.74. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.60 and a quick ratio of 0.58.

KDDI (OTCMKTS:KDDIY - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.03). The company had revenue of $9.54 billion during the quarter, compared to analyst estimates of $9.99 billion. KDDI had a net margin of 10.71% and a return on equity of 10.87%. On average, research analysts forecast that KDDI will post 1.11 earnings per share for the current fiscal 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.