KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Sees Large Decrease in Short Interest

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 700 shares, a decrease of 98.7% from the September 30th total of 55,100 shares. Based on an average daily volume of 1,262,800 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's shares are sold short. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 1,262,800 shares, the short-interest ratio is presently 0.0 days.Analyst Upgrades and DowngradesSeparately, Zacks Research downgraded shares of KDDI from a "hold" rating to a "strong sell" rating in a research note on Friday, October 10th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of "Sell".Check Out Our Latest Research Report on KDDIKDDI Trading Up 0.9%KDDIY traded up $0.15 during midday trading on Monday, reaching $16.09. 425,732 shares of the company were exchanged, compared to its average volume of 273,595. The stock has a market capitalization of $67.38 billion, a P/E ratio of 13.87 and a beta of 0.06. KDDI has a one year low of $9.06 and a one year high of $19.09. The stock's 50-day simple moving average is $16.57 and its 200 day simple moving average is $16.97. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.57 and a current ratio of 0.58. KDDI (OTCMKTS:KDDIY - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.03). The company had revenue of $9.54 billion for the quarter, compared to analyst estimates of $9.99 billion. As a group, analysts forecast that KDDI will post 1.11 earnings per share for the current fiscal year. KDDI Company Profile (Get Free Report)KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.Featured ArticlesFive stocks we like better than KDDIHow to trade using analyst ratingsIs CoreWeave Stock a Buy Despite Insider Selling?Options Trading - Understanding Strike PriceAmazon Earnings: What’s Needed for a Breakout to New Highs?What Does Downgrade Mean in Investing?5 Different ETFs for Every Kind of InvestorThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in KDDI Right Now?Before you consider KDDI, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KDDI wasn't on the list.While KDDI currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here