Short Interest in KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Expands By 61.2%

Key Points

• The short interest in KDDI Corporation Unsponsored ADR increased by 61.2% in July, rising from 44,800 shares to 72,200 shares.
• KDDI reported a quarterly earnings per share (EPS) of $0.30, missing the consensus estimate of $0.33, with revenues of $9.54 billion against expectations of $9.99 billion.
• The company's stock is currently trading at $17.91, with a market cap of $75 billion and a P/E ratio of 17.73.

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 72,200 shares, agrowthof61.2% from the July 15th total of 44,800 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 414,100 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 414,100 shares, the days-to-cover ratio is currently 0.2 days. Currently,0.0% of the shares of the stock are short sold.

KDDI Price Performance

Shares of OTCMKTS:KDDIY traded up $0.04 during midday trading on Monday, hitting $17.91. 156,079 shares of the stock were exchanged, compared to its average volume of 141,482. The stock has a market cap of $75.00 billion, a P/E ratio of 17.73 and a beta of 0.07. The company has a 50 day moving average price of $16.85 and a 200-day moving average price of $16.85. KDDI has a twelve month low of $9.06 and a twelve month high of $19.09. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 0.39.

KDDI (OTCMKTS:KDDIY - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.03). The business had revenue of $9.54 billion during the quarter, compared to analysts' expectations 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 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.

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