NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Short Interest Up 77.2% in December

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 79,525 shares, an increase of 77.2% from the November 30th total of 44,872 shares. Based on an average trading volume of 268,447 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 268,447 shares, the days-to-cover ratio is presently 0.3 days.

NTT Price Performance

Shares of OTCMKTS:NTTYY opened at $25.39 on Monday. The stock’s 50-day simple moving average is $25.07 and its two-hundred day simple moving average is $25.97. NTT has a 52-week low of $22.80 and a 52-week 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 released its quarterly earnings results on Tuesday, November 4th. The company reported $0.69 EPS for the quarter, meeting the consensus estimate of $0.69. The firm had revenue of $22.78 billion during the quarter, compared to analyst estimates 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.