KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Short Interest Update

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 113,943 shares, a decline of 39.1% from the December 15th total of 187,242 shares. Based on an average trading volume of 349,645 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 349,645 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of KDDI from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

KDDI Stock Performance

OTCMKTS KDDIY traded down $0.09 on Friday, hitting $16.65. 286,746 shares of the stock were exchanged, compared to its average volume of 175,005. The company has a market capitalization of $63.39 billion, a PE ratio of 13.21 and a beta of 0.05. 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 business’s fifty day moving average is $17.20 and its 200 day moving average is $16.83. KDDI has a 52 week low of $9.06 and a 52 week high of $19.09.

KDDI (OTCMKTS:KDDIY) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. The firm had revenue of $9.90 billion for the quarter, compared to analyst estimates of $10.40 billion. Research analysts anticipate that KDDI will post 1.11 EPS for the current fiscal year.

About KDDI

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.