Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Short Interest Down 66.8% in December

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 89,300 shares, a decrease of 66.8% from the December 15th total of 268,800 shares. Based on an average daily volume of 278,700 shares, the days-to-cover ratio is presently 0.3 days.

Nippon Telegraph and Telephone Price Performance

Shares of NTTYY stock traded up $0.06 during trading hours on Monday, reaching $24.32. The company’s stock had a trading volume of 169,783 shares, compared to its average volume of 130,298. Nippon Telegraph and Telephone has a fifty-two week low of $22.25 and a fifty-two week high of $32.45. The firm’s 50 day simple moving average is $25.02 and its 200-day simple moving average is $25.27. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $82.92 billion, a price-to-earnings ratio of 10.57 and a beta of 0.15.

About Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.