LY Co. (OTCMKTS:YAHOY – Get Free Report) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 10,800 shares, a drop of 79.3% from the June 15th total of 52,300 shares. Based on an average daily volume of 179,000 shares, the days-to-cover ratio is currently 0.1 days.
LY Stock Up 3.4 %
Shares of YAHOY opened at $5.18 on Friday. LY has a 12 month low of $4.32 and a 12 month high of $7.05. The firm’s 50 day moving average is $4.81 and its 200-day moving average is $5.33.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its earnings results on Wednesday, May 8th. The technology company reported $0.02 EPS for the quarter. The company had revenue of $3.15 billion for the quarter. LY had a net margin of 6.33% and a return on equity of 4.20%. As a group, research analysts anticipate that LY will post 0.22 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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