LY Co. (OTCMKTS:YAHOY) Sees Significant Decrease in Short Interest

LY Co. (OTCMKTS:YAHOYGet Free Report) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 23,900 shares, a drop of 70.2% from the January 15th total of 80,300 shares. Based on an average trading volume of 276,200 shares, the days-to-cover ratio is currently 0.1 days.

LY Stock Up 1.6 %

OTCMKTS:YAHOY opened at $6.54 on Friday. The business’s 50-day simple moving average is $5.64 and its two-hundred day simple moving average is $5.51. The stock has a market cap of $23.39 billion, a PE ratio of 32.70 and a beta of 0.99. LY has a 52 week low of $4.32 and a 52 week high of $6.58.

LY (OTCMKTS:YAHOYGet Free Report) last posted its quarterly earnings results on Thursday, February 6th. The technology company reported $0.08 EPS for the quarter. LY had a return on equity of 3.64% and a net margin of 6.17%. Sell-side analysts anticipate that LY will post 0.26 earnings per share for the current fiscal year.

About LY

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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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