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

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 79,525 shares, a growth of 77.2% from the November 30th total of 44,872 shares. Based on an average trading volume of 268,447 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 268,447 shares, the short-interest ratio is presently 0.3 days.

NTT Trading Down 0.4%

Shares of OTCMKTS:NTTYY opened at $25.30 on Tuesday. NTT has a 12-month low of $22.80 and a 12-month high of $28.70. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.92 and a current ratio of 0.98. The company’s 50 day moving average price is $25.05 and its two-hundred day moving average price is $25.96.

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. The company had revenue of $22.78 billion for the quarter, compared to analyst estimates of $23.48 billion. NTT had a return on equity of 9.87% and a net margin of 7.52%.

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.