NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Sees Significant Decrease in Short Interest

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 42,200 shares, a decrease of 30.9% from the September 30th total of 61,100 shares. Based on an average daily trading volume, of 179,500 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 179,500 shares, the days-to-cover ratio is presently 0.2 days.

NTT Stock Down 0.1%

Shares of OTCMKTS NTTYY traded down $0.03 during trading hours on Monday, hitting $25.72. The company had a trading volume of 2,567 shares, compared to its average volume of 119,325. The stock has a market capitalization of $87.67 billion, a P/E ratio of 12.99 and a beta of 0.17. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 0.87. NTT has a 1-year low of $22.80 and a 1-year high of $28.70. The firm’s 50 day moving average is $26.39 and its 200-day moving average is $26.48.

NTT (OTCMKTS:NTTYY) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.01). The company had revenue of $22.12 billion during the quarter, compared to analyst estimates of $22.80 billion. NTT had a net margin of 7.20% and a return on equity of 9.02%.

NTT Company Profile

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.