Short Interest in Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) Grows By ∞

Internet Initiative Japan, Inc. (OTCMKTS:IIJIY) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 73 shares, a growth of ∞ from the July 30th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 373 shares, the short-interest ratio is currently 0.2 days.

Internet Initiative Japan Price Performance

Shares of OTCMKTS:IIJIY opened at $42.00 on Tuesday. The firm has a market capitalization of $3.85 billion, a PE ratio of 23.08 and a beta of 1.13. Internet Initiative Japan has a 1 year low of $27.00 and a 1 year high of $44.51. The firm’s 50-day moving average is $41.92 and its two-hundred day moving average is $36.20.

Internet Initiative Japan (OTCMKTS:IIJIY) last posted its quarterly earnings data on Thursday, August 6th. The communications equipment provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.01). Internet Initiative Japan had a net margin of 6.79% and a return on equity of 15.75%. The business had revenue of $616.85 million during the quarter, compared to analysts’ expectations of $537.56 million.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group began coverage on Internet Initiative Japan in a research report on Tuesday, June 30th. They issued a “neutral” rating on the stock. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.