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

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) saw a large 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. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 443,283 shares, the days-to-cover ratio is presently 0.6 days.

KDDI Stock Performance

KDDIY stock traded up $0.27 during midday trading on Monday, reaching $16.42. 370,848 shares of the company’s stock traded hands, compared to its average volume of 307,009. The stock has a market cap of $62.49 billion, a P/E ratio of 13.03 and a beta of 0.04. KDDI has a 52-week low of $12.95 and a 52-week high of $19.09. The stock’s 50-day moving average is $16.91 and its 200 day moving average is $16.78. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 0.40.

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.