Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Sees Large Growth in Short Interest

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 88,800 shares, an increase of 22.8% from the February 13th total of 72,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 455,300 shares, the days-to-cover ratio is currently 0.2 days.

Nippon Telegraph and Telephone Stock Performance

Nippon Telegraph and Telephone stock traded up $0.17 during mid-day trading on Wednesday, hitting $24.97. The company had a trading volume of 134,937 shares, compared to its average volume of 188,397. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $85.13 billion, a price-to-earnings ratio of 11.35 and a beta of 0.10. The company’s fifty day moving average is $24.46 and its 200-day moving average is $24.95. Nippon Telegraph and Telephone has a 12-month low of $22.25 and a 12-month high of $30.83.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last released its quarterly earnings results on Friday, February 7th. The company reported $0.58 EPS for the quarter. Nippon Telegraph and Telephone had a net margin of 8.16% and a return on equity of 10.04%.

About Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.