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

LY Co. (OTCMKTS:YAHOYGet Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 12,200 shares, a growth of 408.3% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 153,200 shares, the days-to-cover ratio is presently 0.1 days.

LY Price Performance

Shares of OTCMKTS:YAHOY opened at $4.79 on Friday. The business’s 50 day moving average price is $5.05 and its 200-day moving average price is $5.68. The firm has a market capitalization of $18.29 billion, a PE ratio of 13.94 and a beta of 0.99. LY has a 1 year low of $4.32 and a 1 year high of $7.05.

LY (OTCMKTS:YAHOYGet Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The technology company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $3.22 billion for the quarter. LY had a return on equity of 3.80% and a net margin of 6.68%. As a group, analysts expect that LY will post 0.25 earnings per share for the current 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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