Short Interest in Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Decreases By 50.8%

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 179 shares, a decrease of 50.8% from the December 31st total of 364 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 514 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 514 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Internet Initiative Japan Stock Performance

Shares of OTCMKTS:IIJIY opened at $30.97 on Friday. Internet Initiative Japan has a twelve month low of $30.97 and a twelve month high of $44.71. The company has a market cap of $2.84 billion, a PE ratio of 18.33 and a beta of 1.15. The company’s 50 day moving average is $35.05 and its 200 day moving average is $36.10.

Internet Initiative Japan (OTCMKTS:IIJIY) last released its quarterly earnings data on Friday, November 7th. The communications equipment provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.40 by $0.08. Internet Initiative Japan had a net margin of 6.76% and a return on equity of 15.55%. The business had revenue of $555.81 million for the quarter, compared to the consensus estimate of $528.83 million. Equities research analysts predict 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.