Short Interest in LY Co. (OTCMKTS:YAHOY) Expands By 89.1%

LY Co. (OTCMKTS:YAHOY - Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 73,000 shares, an increase of 89.1% from the February 28th total of 38,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 258,900 shares, the days-to-cover ratio is currently 0.3 days.

LY Trading Down 3.3 %

YAHOY traded down $0.23 on Tuesday, reaching $6.76. The stock had a trading volume of 78,407 shares, compared to its average volume of 123,231. The business's 50-day moving average price is $6.53 and its two-hundred day moving average price is $5.87. The company has a market cap of $24.18 billion, a P/E ratio of 33.80 and a beta of 0.97. LY has a 12-month low of $4.32 and a 12-month high of $7.49.

LY (OTCMKTS:YAHOY - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share for the quarter. LY had a return on equity of 3.65% and a net margin of 6.17%. As a group, analysts predict that LY will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on LY in a research report on Tuesday, March 25th. They issued a "neutral" rating on the stock.

About LY

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.