KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Short Interest Up 278.4% in April

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIYGet Free Report) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 98,771 shares, an increase of 278.4% from the April 15th total of 26,102 shares. Based on an average daily trading volume, of 810,300 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

KDDI Stock Up 2.1%

Shares of KDDI stock traded up $0.35 on Friday, reaching $17.10. 263,215 shares of the company were exchanged, compared to its average volume of 329,086. KDDI has a 1-year low of $12.95 and a 1-year high of $18.67. The company has a market cap of $65.10 billion, a P/E ratio of 13.57 and a beta of 0.03. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.56 and a quick ratio of 0.54. The stock’s 50 day moving average price is $16.57 and its 200-day moving average price is $16.86.

KDDI (OTCMKTS:KDDIYGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.63). The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $10.31 billion. As a group, equities analysts forecast that KDDI will post 1.27 EPS for the current year.

About KDDI

(Get Free Report)

KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.

At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.

Read More

Receive News & Ratings for KDDI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KDDI and related companies with MarketBeat.com's FREE daily email newsletter.