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LY Co. (OTCMKTS:YAHOY) Sees Large Increase in Short Interest

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LY Co. (OTCMKTS:YAHOY - Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 80,300 shares, a growth of 386.7% from the December 31st total of 16,500 shares. Based on an average trading volume of 285,900 shares, the short-interest ratio is presently 0.3 days.

LY Price Performance

Shares of OTCMKTS:YAHOY traded down $0.03 during mid-day trading on Friday, reaching $5.87. 356,805 shares of the company were exchanged, compared to its average volume of 120,412. LY has a 1 year low of $4.32 and a 1 year high of $6.38. The firm's 50-day simple moving average is $5.50 and its 200 day simple moving average is $5.43. The firm has a market cap of $20.99 billion, a price-to-earnings ratio of 32.61 and a beta of 0.99.

LY (OTCMKTS:YAHOY - Get Free Report) last posted its earnings results on Tuesday, November 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $3.11 billion for the quarter. LY had a return on equity of 3.16% and a net margin of 5.65%. On average, research analysts forecast that LY will post 0.26 earnings per share for the current fiscal year.

LY Company Profile

(Get Free Report)

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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