Short Interest in NTT Inc. - Sponsored ADR (OTCMKTS:NTTYY) Grows By 3,757.3%

NTT Inc. - Sponsored ADR (OTCMKTS:NTTYY - Get Free Report) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 63,259 shares, a growth of 3,757.3% from the March 15th total of 1,640 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 393,825 shares, the short-interest ratio is presently 0.2 days.NTT Stock PerformanceShares of OTCMKTS NTTYY traded down $0.27 during trading on Friday, reaching $24.16. 121,356 shares of the company traded hands, compared to its average volume of 157,881. The firm has a 50 day simple moving average of $24.57 and a 200-day simple moving average of $25.03. NTT has a 52-week low of $23.31 and a 52-week high of $28.70. The stock has a market capitalization of $78.97 billion, a PE ratio of 11.08 and a beta of 0.06. The company has a quick ratio of 0.55, a current ratio of 0.59 and a debt-to-equity ratio of 1.29. NTT (OTCMKTS:NTTYY - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The business had revenue of $23.29 billion during the quarter, compared to the consensus estimate of $23.07 billion. NTT had a net margin of 7.66% and a return on equity of 10.50%. Analyst Upgrades and DowngradesSeparately, Deutsche Bank Aktiengesellschaft cut NTT from a "buy" rating to a "hold" rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Hold".Read Our Latest Stock Report on NTTYYNTT Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than NTTThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in NTT Right Now?Before you consider NTT, 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 NTT wasn't on the list.While NTT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here