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

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

Internet Initiative Japan Trading Down 4.6%

Shares of OTCMKTS IIJIY opened at $30.97 on Thursday. Internet Initiative Japan has a 12-month low of $30.97 and a 12-month high of $44.71. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 18.33 and a beta of 1.15. The stock’s 50 day simple moving average is $35.23 and its 200 day simple moving average is $36.16.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its earnings results on Friday, November 7th. The communications equipment provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.08. Internet Initiative Japan had a return on equity of 15.55% and a net margin of 6.76%.The firm had revenue of $555.81 million for the quarter, compared to analyst estimates of $528.83 million. As a group, equities analysts forecast 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.