KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Short Interest Update

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 274,135 shares, an increase of 158.5% from the March 15th total of 106,043 shares. Based on an average daily volume of 443,283 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

KDDI Stock Performance

KDDIY stock opened at $16.15 on Friday. The firm has a market cap of $61.48 billion, a price-to-earnings ratio of 12.82 and a beta of 0.04. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. KDDI has a twelve month low of $12.95 and a twelve month high of $19.09. The business’s fifty day simple moving average is $16.91 and its two-hundred day simple moving average is $16.78.

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.