Short Interest in LY Co. (OTCMKTS:YAHOY) Drops By 58.2%

LY Co. (OTCMKTS:YAHOY) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 16,500 shares, a decline of 58.2% from the December 31st total of 39,500 shares. Based on an average daily trading volume, of 265,900 shares, the short-interest ratio is presently 0.1 days.

LY Stock Down 0.5 %

OTCMKTS:YAHOY opened at $5.80 on Thursday. The firm has a 50 day moving average of $5.47 and a 200 day moving average of $5.41. The stock has a market capitalization of $20.74 billion, a price-to-earnings ratio of 32.22 and a beta of 0.99. LY has a 52 week low of $4.32 and a 52 week high of $6.38.

LY (OTCMKTS:YAHOY) last released its earnings results on Tuesday, November 5th. The technology company reported $0.07 earnings per share for the quarter. The company had revenue of $3.11 billion for the quarter. LY had a net margin of 5.65% and a return on equity of 3.16%. As a group, analysts expect that LY will post 0.26 EPS for the current year.

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.