Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Sees Large Decline in Short Interest

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 144 shares, a drop of 19.6% from the January 15th total of 179 shares. Based on an average trading volume of 1,186 shares, the short-interest ratio is presently 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 trading volume of 1,186 shares, the short-interest ratio is presently 0.1 days.

Internet Initiative Japan Stock Down 1.2%

Shares of Internet Initiative Japan stock opened at $28.64 on Friday. Internet Initiative Japan has a twelve month low of $28.64 and a twelve month high of $44.71. The business has a 50-day moving average price of $33.67 and a 200-day moving average price of $35.66. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 17.05 and a beta of 1.17.

Internet Initiative Japan (OTCMKTS:IIJIY) last announced its earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.11). Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.16%. The business had revenue of $557.44 million for the quarter, compared to analysts’ expectations of $565.72 million. On average, equities analysts expect that Internet Initiative Japan will post 0.37 EPS 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.