Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Short Interest Update

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 73 shares, a growth of ∞ from the July 30th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 373 shares, the short-interest ratio is presently 0.2 days.

Internet Initiative Japan Stock Performance

IIJIY traded down $1.00 on Monday, reaching $42.00. The company had a trading volume of 216 shares, compared to its average volume of 1,216. The stock has a market cap of $3.85 billion, a P/E ratio of 23.08 and a beta of 1.13. Internet Initiative Japan has a fifty-two week low of $27.00 and a fifty-two week high of $44.51. The company’s fifty day moving average is $41.84 and its 200 day moving average is $36.11.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its quarterly earnings data on Thursday, August 6th. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The firm had revenue of $616.85 million for the quarter, compared to the consensus estimate of $537.56 million. Internet Initiative Japan had a return on equity of 15.75% and a net margin of 6.79%.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group initiated coverage on shares of Internet Initiative Japan in a research note on Tuesday, June 30th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Internet Initiative Japan has an average rating of “Hold”.

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.