Short Interest in LY Co. (OTCMKTS:YAHOY) Rises By 386.7%

LY Co. (OTCMKTS:YAHOY) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 80,300 shares, an increase of 386.7% from the December 31st total of 16,500 shares. Based on an average daily trading volume, of 285,900 shares, the days-to-cover ratio is presently 0.3 days.

LY Stock Down 0.5 %

Shares of LY stock traded down $0.03 during trading on Thursday, reaching $5.80. The company’s stock had a trading volume of 45,710 shares, compared to its average volume of 114,439. LY has a 52 week low of $4.32 and a 52 week high of $6.38. The firm has a market cap of $20.74 billion, a PE ratio of 32.22 and a beta of 0.99. The business’s 50-day moving average price is $5.48 and its 200-day moving average price is $5.42.

LY (OTCMKTS:YAHOY) last announced its earnings results on Tuesday, November 5th. The technology company reported $0.07 EPS for the quarter. The company had revenue of $3.11 billion for the quarter. LY had a net margin of 5.65% and a return on equity of 3.16%. Equities analysts predict that LY will post 0.26 earnings per share for the current year.

LY Company Profile

LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services. It also offers reuse, membership, and payment-related services.