Short Interest in LY Co. (OTCMKTS:YAHOY) Declines By 59.0%

LY Co. (OTCMKTS:YAHOY) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 52,300 shares, a decline of 59.0% from the May 31st total of 127,700 shares. Based on an average daily trading volume, of 163,500 shares, the short-interest ratio is currently 0.3 days.

LY Stock Up 0.8 %

YAHOY stock opened at $4.83 on Friday. LY has a twelve month low of $4.32 and a twelve month high of $7.05. The stock has a market cap of $18.44 billion, a P/E ratio of 14.46 and a beta of 1.04. The business’s 50-day moving average price is $4.77 and its 200-day moving average price is $5.46.

LY (OTCMKTS:YAHOY) last posted its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.02 earnings per share for the quarter. LY had a return on equity of 4.20% and a net margin of 6.33%. The firm had revenue of $3.15 billion for the quarter. On average, equities research analysts expect that LY will post 0.23 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.