Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Sees Significant Decrease in Short Interest

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 79,300 shares, a decrease of 29.4% from the January 15th total of 112,400 shares. Based on an average trading volume of 336,600 shares, the days-to-cover ratio is presently 0.2 days.

Nippon Telegraph and Telephone Stock Down 0.0 %

NTTYY stock traded down $0.01 during trading on Friday, hitting $24.05. 210,746 shares of the company’s stock were exchanged, compared to its average volume of 165,408. The business has a 50-day moving average price of $24.66 and a two-hundred day moving average price of $25.16. Nippon Telegraph and Telephone has a 52-week low of $22.25 and a 52-week high of $31.90. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $82.00 billion, a price-to-earnings ratio of 10.46 and a beta of 0.15.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.58 earnings per share for the quarter. Nippon Telegraph and Telephone had a return on equity of 10.74% and a net margin of 8.56%.

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.