KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Sees Large Growth in Short Interest

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIYGet Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 381,813 shares, an increase of 286.6% from the April 30th total of 98,771 shares. Based on an average trading volume of 752,849 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

KDDI Trading Down 0.1%

Shares of KDDIY stock traded down $0.01 on Friday, hitting $17.09. The stock had a trading volume of 222,292 shares, compared to its average volume of 348,804. 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 firm has a market capitalization of $65.06 billion, a P/E ratio of 13.78 and a beta of 0.03. KDDI has a 1 year low of $12.95 and a 1 year high of $18.67. The company’s 50 day moving average price is $16.63 and its 200-day moving average price is $16.92.

KDDI (OTCMKTS:KDDIYGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.63). The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $10.31 billion. Analysts anticipate that KDDI will post 1.27 earnings per share 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.

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