Short Interest in Ntt Data Corporation (OTCMKTS:NTDTY) Rises By 600.0%

Key Points

• Ntt Data Corporation experienced a significant increase in short interest, rising by 600.0% to a total of 700 shares as of September 15th.
• The company reported $0.10 earnings per share in its latest quarterly earnings, with a net margin of 3.06% and revenue of $7.64 billion.
• Ntt Data's stock has seen a 52-week range between $14.58 and $29.99, as it opened at $26.30 on the day of the report.

Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 700 shares, an increase of 600.0% from the August 31st total of 100 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.2 days.

Ntt Data Price Performance

NTDTY opened at $26.30 on Wednesday. The company has a market capitalization of $36.87 billion, a PE ratio of 38.68 and a beta of 0.95. Ntt Data has a 52 week low of $14.58 and a 52 week high of $29.99. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.58. The firm has a 50-day simple moving average of $26.68 and a two-hundred day simple moving average of $24.72.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.10 earnings per share for the quarter. Ntt Data had a net margin of 3.06% and a return on equity of 4.98%. The business had revenue of $7.64 billion for the quarter. Analysts forecast that Ntt Data will post 0.65 earnings per share for the current fiscal year.

About Ntt Data

NTT DATA Group Corporation provides IT and business services worldwide. It offers cloud, cybersecurity, data and intelligence, salesforce, SAP, ServiceNow, and application development and management, as well as 5G services. The company also provides consulting, industry solutions, business process services, and IT modernization and managed services.

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