Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Short Interest Up 69.9% in March

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 260 shares, an increase of 69.9% from the February 26th total of 153 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 299 shares, the days-to-cover ratio is presently 0.9 days.

Internet Initiative Japan Stock Performance

Shares of Internet Initiative Japan stock remained flat at $29.72 during trading hours on Friday. The stock had a trading volume of 4 shares, compared to its average volume of 132. Internet Initiative Japan has a twelve month low of $27.00 and a twelve month high of $44.71. The company’s fifty day simple moving average is $29.74 and its two-hundred day simple moving average is $33.64. The company has a market cap of $2.73 billion, a PE ratio of 17.69 and a beta of 1.19.

Internet Initiative Japan (OTCMKTS:IIJIY) last issued its quarterly earnings data on Thursday, February 5th. The communications equipment provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.11). The business had revenue of $557.44 million for the quarter, compared to analyst estimates of $565.72 million. Internet Initiative Japan had a return on equity of 15.12% and a net margin of 6.64%. Equities analysts predict that Internet Initiative Japan will post 0.37 earnings per share for the current year.

Internet Initiative Japan Company Profile

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.