KDDI Co. (OTCMKTS:KDDIY) Sees Significant Drop in Short Interest

KDDI Co. (OTCMKTS:KDDIY) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 69,300 shares, a drop of 95.0% from the April 30th total of 1,391,000 shares. Based on an average trading volume of 286,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

KDDI Stock Up 0.1%

KDDIY stock opened at $17.29 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $75.79 billion, a PE ratio of 17.12 and a beta of 0.13. KDDI has a twelve month low of $9.06 and a twelve month high of $19.09. The stock has a 50-day simple moving average of $17.23 and a two-hundred day simple moving average of $16.50.

About KDDI

KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.