Short Interest in Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Declines By 18.0%

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 364 shares, a decrease of 18.0% from the December 15th total of 444 shares. Based on an average daily trading volume, of 309 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 309 shares, the days-to-cover ratio is presently 1.2 days.

Internet Initiative Japan Stock Performance

Shares of OTCMKTS:IIJIY opened at $34.22 on Tuesday. Internet Initiative Japan has a 12-month low of $32.10 and a 12-month high of $44.71. The business has a 50 day moving average of $35.63 and a two-hundred day moving average of $36.46. The company has a market capitalization of $3.14 billion, a PE ratio of 20.25 and a beta of 1.15.

Internet Initiative Japan (OTCMKTS:IIJIY) last posted its earnings results on Friday, November 7th. The communications equipment provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.08. Internet Initiative Japan had a net margin of 6.76% and a return on equity of 15.55%. The firm had revenue of $555.81 million during the quarter, compared to analyst estimates of $528.83 million. Equities research analysts predict that Internet Initiative Japan will post 0.37 earnings per share for the current fiscal year.

About Internet Initiative Japan

Internet Initiative Japan Inc (OTCMKTS: IIJIY) was founded in 1992 and is recognized as Japan’s first commercial Internet service provider. Headquartered in Tokyo, the company builds and operates large‐scale IP networks, offering a full suite of connectivity solutions including dedicated internet access, virtual private networks (VPNs), multiprotocol label switching (MPLS) services, and high‐capacity leased lines. IIJ’s network backbone spans major Japanese cities and is linked to international points of presence, supporting both domestic and cross-border data traffic.

In addition to core connectivity services, IIJ provides a broad portfolio of IT infrastructure offerings.