Short Interest in LY Co. (OTCMKTS:YAHOY) Drops By 55.8%

LY Co. (OTCMKTS:YAHOY) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 22,400 shares, a decrease of 55.8% from the November 15th total of 50,700 shares. Based on an average trading volume of 338,000 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, New Street Research raised shares of LY to a “strong-buy” rating in a report on Monday, September 9th.

LY Trading Up 0.4 %

YAHOY opened at $5.71 on Friday. LY has a 12 month low of $4.32 and a 12 month high of $7.05. The company has a market cap of $20.42 billion, a PE ratio of 29.95 and a beta of 1.01. The company has a 50 day moving average of $5.49 and a 200 day moving average of $5.27.

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.