NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Sees Large Drop in Short Interest

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 11,575 shares, a decrease of 93.6% from the December 31st total of 181,650 shares. Based on an average daily volume of 286,621 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 286,621 shares, the short-interest ratio is currently 0.0 days.

NTT Trading Down 0.1%

NTTYY stock opened at $25.23 on Thursday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.92 and a current ratio of 0.98. NTT has a 52-week low of $22.80 and a 52-week high of $28.70. The stock’s fifty day simple moving average is $25.01 and its 200-day simple moving average is $25.77.

NTT (OTCMKTS:NTTYY) last released its earnings results on Tuesday, November 4th. The company reported $0.69 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.69. NTT had a net margin of 7.52% and a return on equity of 9.87%. The business had revenue of $22.78 billion for the quarter, compared to analysts’ expectations of $23.48 billion.

NTT Company Profile

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.

NTT’s business operations are organized across several key subsidiaries.