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

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 29,478 shares, a drop of 52.9% from the January 29th total of 62,578 shares. Based on an average daily volume of 581,570 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 581,570 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

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

KDDI Stock Performance

Shares of OTCMKTS KDDIY traded down $0.09 during mid-day trading on Friday, reaching $17.03. 178,496 shares of the company were exchanged, compared to its average volume of 283,895. The stock has a market capitalization of $64.83 billion, a P/E ratio of 13.52 and a beta of 0.04. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. The company’s 50-day simple moving average is $17.09 and its 200-day simple moving average is $16.88. KDDI has a twelve month low of $9.06 and a twelve month high of $19.09.

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.