NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Short Interest Down 30.9% in October

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 42,200 shares, a decrease of 30.9% from the September 30th total of 61,100 shares. Based on an average daily volume of 179,500 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 179,500 shares, the short-interest ratio is presently 0.2 days.

NTT Stock Performance

Shares of OTCMKTS:NTTYY opened at $25.27 on Wednesday. The company’s 50 day moving average price is $26.34 and its two-hundred day moving average price is $26.47. NTT has a 12-month low of $22.80 and a 12-month high of $28.70. The firm has a market cap of $86.16 billion, a PE ratio of 12.76 and a beta of 0.17. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 0.87.

NTT (OTCMKTS:NTTYY) last announced its earnings results on Wednesday, August 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.01). NTT had a return on equity of 9.02% and a net margin of 7.20%.The business had revenue of $22.12 billion for the quarter, compared to analyst estimates of $22.80 billion.

NTT Company Profile

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.