LY Co. (OTCMKTS:YAHOY) Short Interest Update

LY Co. (OTCMKTS:YAHOY - Get Free Report) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 34,700 shares, a decline of 52.2% from the March 31st total of 72,600 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 379,400 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group began coverage on shares of LY in a report on Tuesday, March 25th. They set a "neutral" rating on the stock.

LY Trading Down 2.8 %

OTCMKTS YAHOY opened at $7.26 on Monday. LY has a 12 month low of $4.46 and a 12 month high of $7.93. The stock's fifty day moving average price is $6.99 and its 200-day moving average price is $6.08. The stock has a market cap of $25.97 billion, a P/E ratio of 36.30 and a beta of 0.96.

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

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