Short Interest in Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Expands By 3,172.7%

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 72,000 shares, an increase of 3,172.7% from the October 31st total of 2,200 shares. Based on an average daily volume of 341,200 shares, the short-interest ratio is currently 0.2 days.

Nippon Telegraph and Telephone Stock Performance

NTTYY stock traded up $0.01 during midday trading on Wednesday, reaching $25.16. The company had a trading volume of 231,524 shares, compared to its average volume of 167,788. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 0.73. The stock has a 50 day moving average price of $24.87 and a 200 day moving average price of $25.00. The firm has a market capitalization of $85.78 billion, a PE ratio of 10.94 and a beta of 0.13. Nippon Telegraph and Telephone has a fifty-two week low of $22.25 and a fifty-two week high of $32.45.

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.