Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Short Interest Update

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 670 shares, an increase of 963.5% from the August 31st total of 63 shares. Based on an average daily trading volume, of 2,907 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Internet Initiative Japan in a research note on Tuesday, June 30th. They set a “neutral” rating for the company. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Get Internet Initiative Japan alerts:

Read Our Latest Analysis on IIJIY

Internet Initiative Japan Price Performance

Shares of IIJIY stock remained flat at $42.70 during trading hours on Thursday. 25 shares of the company were exchanged, compared to its average volume of 841. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 23.46 and a beta of 1.11. The company’s fifty day simple moving average is $42.74 and its 200-day simple moving average is $37.95. Internet Initiative Japan has a 1-year low of $27.00 and a 1-year high of $44.61.

Internet Initiative Japan (OTCMKTS:IIJIY – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.01). The business had revenue of $616.85 million during the quarter, compared to the consensus estimate of $537.56 million. Internet Initiative Japan had a return on equity of 15.74% and a net margin of 6.79%.

Internet Initiative Japan Company Profile

(Get Free Report)

Internet Initiative Japan Inc (IIJ) is a Japanese information technology and telecommunications company that provides internet connectivity, network services and integrated digital solutions. Founded in 1992, the company is recognized as one of Japan’s early commercial internet service providers.

IIJ offers a broad range of services for businesses, government organizations and consumers, including dedicated internet access, wide-area networking, cloud computing, data center services, cybersecurity, systems integration and managed IT services.

Featured Stories

• Five stocks we like better than Internet Initiative Japan
• Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
• Paychex Plunges, Providing the Entry Investors Have Been Waiting For
• The Case for Buying High-Yield General Mills Just Strengthened
• SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story

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