KDDI Co. (OTCMKTS:KDDIY) Short Interest Update

KDDI Co. (OTCMKTS:KDDIY) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 86,100 shares, an increase of 135.9% from the October 15th total of 36,500 shares. Based on an average daily trading volume, of 681,000 shares, the short-interest ratio is currently 0.1 days.

KDDI Price Performance

Shares of KDDIY stock traded up $0.02 on Friday, hitting $16.17. 156,795 shares of the stock traded hands, compared to its average volume of 275,482. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.66. The firm has a 50 day simple moving average of $16.13 and a two-hundred day simple moving average of $15.03. The firm has a market cap of $70.88 billion, a price-to-earnings ratio of 16.15 and a beta of 0.06. KDDI has a 52 week low of $12.80 and a 52 week high of $17.64.

KDDI (OTCMKTS:KDDIY) last released its quarterly earnings results on Friday, November 1st. The company reported $0.29 earnings per share for the quarter. KDDI had a return on equity of 10.64% and a net margin of 10.62%. The business had revenue of $9.86 billion during the quarter. As a group, equities research analysts predict that KDDI will post 1.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, New Street Research upgraded shares of KDDI to a “strong-buy” rating in a report on Monday, September 9th.

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.