Short Interest in NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Increases By 128.4%

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 181,650 shares, an increase of 128.4% from the December 15th total of 79,525 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 276,869 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 276,869 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are short sold.

NTT Trading Down 0.2%

Shares of NTTYY stock opened at $25.06 on Friday. The stock’s 50-day moving average is $24.91 and its 200 day moving average is $25.86. NTT has a 1-year low of $22.80 and a 1-year high of $28.70. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 1.15.

NTT (OTCMKTS:NTTYY) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.69 EPS for the quarter, meeting the consensus estimate of $0.69. The business had revenue of $22.78 billion during the quarter, compared to analyst estimates of $23.48 billion. NTT had a net margin of 7.52% and a return on equity of 9.87%.

NTT Company Profile

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.

NTT’s business operations are organized across several key subsidiaries.