Short Interest in NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Decreases By 93.6%

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

NTT Stock Performance

Shares of OTCMKTS NTTYY opened at $25.26 on Wednesday. NTT has a 52 week low of $22.80 and a 52 week high of $28.70. The firm has a 50-day moving average price of $24.99 and a 200 day moving average price of $25.77. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 1.15.

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

About NTT

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.