Short Interest in LY Co. (OTCMKTS:YAHOY) Grows By 848.7%

LY Co. (OTCMKTS:YAHOY) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 142,300 shares, a growth of 848.7% from the July 31st total of 15,000 shares. Based on an average daily volume of 355,200 shares, the short-interest ratio is presently 0.4 days.

LY Trading Down 2.2 %

Shares of OTCMKTS YAHOY traded down $0.13 during mid-day trading on Thursday, reaching $5.49. The company had a trading volume of 38,072 shares, compared to its average volume of 70,103. The stock has a market cap of $20.96 billion, a price-to-earnings ratio of 24.09 and a beta of 1.05. LY has a 52 week low of $4.32 and a 52 week high of $7.05. The business’s 50-day moving average is $5.01 and its 200-day moving average is $4.99.

LY (OTCMKTS:YAHOY) last issued its earnings results on Friday, August 2nd. The technology company reported $0.05 EPS for the quarter. LY had a net margin of 6.88% and a return on equity of 3.77%. The business had revenue of $2.97 billion for the quarter. As a group, equities research analysts forecast that LY will post 0.22 earnings per share 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.