Short Interest in KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Grows By 286.6%

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 381,813 shares, a growth of 286.6% from the April 30th total of 98,771 shares. Based on an average trading volume of 752,849 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are short sold.

KDDI Stock Up 0.5%

OTCMKTS KDDIY opened at $17.19 on Friday. KDDI has a 12 month low of $12.95 and a 12 month high of $18.67. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 0.40. The stock has a market cap of $65.44 billion, a PE ratio of 13.86 and a beta of 0.03. The stock’s 50 day moving average is $16.64 and its 200 day moving average is $16.93.

KDDI (OTCMKTS:KDDIY) last posted its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.63). The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $10.31 billion. Research analysts predict that KDDI will post 1.27 EPS for the current fiscal year.

KDDI Company Profile

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.