Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Sees Significant Drop in Short Interest

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 144 shares, a decrease of 19.6% from the January 15th total of 179 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,186 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 1,186 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Internet Initiative Japan Stock Down 1.2%

OTCMKTS IIJIY opened at $28.64 on Tuesday. The company has a market cap of $2.63 billion, a price-to-earnings ratio of 17.05 and a beta of 1.17. Internet Initiative Japan has a twelve month low of $28.64 and a twelve month high of $44.71. The business’s fifty day moving average is $33.53 and its 200 day moving average is $35.61.

Internet Initiative Japan (OTCMKTS:IIJIY) last announced its quarterly earnings results on Thursday, February 5th. The communications equipment provider reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.11). The firm had revenue of $557.44 million for the quarter, compared to analyst estimates of $565.72 million. Internet Initiative Japan had a net margin of 6.64% and a return on equity of 15.16%. On average, research analysts anticipate that Internet Initiative Japan will post 0.37 earnings per share for the current fiscal year.

About Internet Initiative Japan

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.