Short Interest in NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Increases By 128.4%

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 181,650 shares, a growth of 128.4% from the December 15th total of 79,525 shares. Based on an average trading volume of 276,869 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 276,869 shares, the short-interest ratio is presently 0.7 days.

NTT Stock Up 0.3%

Shares of OTCMKTS NTTYY traded up $0.08 during trading hours on Wednesday, hitting $25.10. 19,372 shares of the company’s stock were exchanged, compared to its average volume of 134,015. The company’s 50-day moving average price is $24.89 and its 200-day moving average price is $25.88. NTT has a 1-year low of $22.80 and a 1-year high of $28.70. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.98 and a quick ratio of 0.92.

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

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.