Short Interest in Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Drops By 41.4%

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYYGet Rating) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 42,100 shares, a drop of 41.4% from the March 31st total of 71,800 shares. Based on an average daily volume of 1,034,500 shares, the days-to-cover ratio is presently 0.0 days.

NTTYY opened at $29.66 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.89 and a debt-to-equity ratio of 0.69. The business’s 50 day moving average is $29.49 and its 200-day moving average is $28.59. The stock has a market cap of $106.61 billion, a PE ratio of 10.49 and a beta of 0.18. Nippon Telegraph and Telephone has a twelve month low of $24.59 and a twelve month high of $30.84.

Nippon Telegraph and Telephone (OTCMKTS:NTTYYGet Rating) last announced its earnings results on Monday, February 7th. The company reported $0.87 earnings per share for the quarter. Nippon Telegraph and Telephone had a return on equity of 13.15% and a net margin of 9.11%. The firm had revenue of $26.72 billion for the quarter.

Nippon Telegraph and Telephone Company Profile (Get Rating)

Nippon Telegraph and Telephone Corporation provides fixed voice-related, mobile voice-related, IP/packet communications, and system integration services in Japan and internationally. The company's Mobile Communications Business segment offers mobile phone services and related services, including movie and music distribution, e-book, and finance and payment services, as well as smart life area and internet connection services.

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