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

LY Co. (OTCMKTS:YAHOY) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 16,500 shares, a decrease of 58.2% from the December 31st total of 39,500 shares. Based on an average daily volume of 265,900 shares, the days-to-cover ratio is currently 0.1 days.

LY Stock Up 2.6 %

Shares of OTCMKTS YAHOY opened at $5.83 on Wednesday. The stock has a market cap of $20.85 billion, a PE ratio of 32.39 and a beta of 0.99. LY has a 52-week low of $4.32 and a 52-week high of $6.38. The business has a 50-day moving average price of $5.46 and a 200 day moving average price of $5.41.

LY (OTCMKTS:YAHOY) last announced its earnings results on Tuesday, November 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter. LY had a return on equity of 3.16% and a net margin of 5.65%. The firm had revenue of $3.11 billion during the quarter. Sell-side analysts anticipate 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.