Short Interest in Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Decreases By 50.8%

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 179 shares, a drop of 50.8% from the December 31st total of 364 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 514 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 514 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Internet Initiative Japan Price Performance

IIJIY stock opened at $30.97 on Friday. Internet Initiative Japan has a 1-year low of $30.97 and a 1-year high of $44.71. The company has a market capitalization of $2.84 billion, a P/E ratio of 18.33 and a beta of 1.15. The business has a 50-day moving average price of $35.14 and a 200 day moving average price of $36.12.

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

Internet Initiative Japan Company Profile

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.