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

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 58,000 shares, a decline of 34.7% from the February 28th total of 88,800 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 305,000 shares, the short-interest ratio is currently 0.2 days.

Nippon Telegraph and Telephone Trading Down 1.6 %

Shares of OTCMKTS:NTTYY traded down $0.40 during trading on Friday, reaching $24.30. The stock had a trading volume of 94,584 shares, compared to its average volume of 178,587. Nippon Telegraph and Telephone has a 52 week low of $22.25 and a 52 week high of $29.51. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.91 and a current ratio of 0.97. The firm’s fifty day moving average is $24.50 and its 200 day moving average is $24.85. The stock has a market cap of $82.85 billion, a price-to-earnings ratio of 11.05 and a beta of 0.10.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last issued its quarterly earnings results 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 10.04% and a net margin of 8.16%.

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.