KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Short Interest Up 286.6% in May

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 381,813 shares, an increase of 286.6% from the April 30th total of 98,771 shares. Based on an average trading volume of 752,849 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

KDDI Stock Performance

KDDIY stock traded up $0.09 during midday trading on Friday, reaching $17.19. The company had a trading volume of 687,258 shares, compared to its average volume of 452,492. 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 stock has a 50 day moving average price of $16.64 and a 200 day moving average price of $16.93. KDDI has a fifty-two week low of $12.95 and a fifty-two week high of $18.67. The firm has a market capitalization of $65.44 billion, a PE ratio of 13.86 and a beta of 0.03.

KDDI (OTCMKTS:KDDIY) last issued its earnings results on Tuesday, May 12th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.63). The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $10.31 billion. Analysts anticipate that KDDI will post 1.27 earnings per share for the current year.

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.