LY Co. (OTCMKTS:YAHOY – Get Free Report) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 22,400 shares, a drop of 55.8% from the November 15th total of 50,700 shares. Based on an average daily volume of 338,000 shares, the short-interest ratio is presently 0.1 days.
LY Trading Up 1.2 %
OTCMKTS:YAHOY opened at $5.74 on Thursday. The firm has a market capitalization of $20.51 billion, a price-to-earnings ratio of 31.86 and a beta of 1.01. LY has a twelve month low of $4.32 and a twelve month high of $7.05. The firm’s fifty day simple moving average is $5.50 and its 200 day simple moving average is $5.25.
Wall Street Analysts Forecast Growth
Separately, New Street Research upgraded LY to a “strong-buy” rating in a report on Monday, September 9th.
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.
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