LY Co. (OTCMKTS:YAHOY) Short Interest Down 59.0% in June

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

LY Stock Down 0.8 %

Shares of YAHOY opened at $4.79 on Friday. LY has a 52-week low of $4.32 and a 52-week high of $7.05. The firm has a market cap of $18.29 billion, a price-to-earnings ratio of 14.21 and a beta of 1.04. The business’s 50 day moving average is $4.79 and its two-hundred day moving average is $5.44.

LY (OTCMKTS:YAHOYGet Free Report) last issued its quarterly earnings results 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 business had revenue of $3.15 billion during the quarter. On average, equities analysts expect that LY will post 0.23 earnings per share for the current fiscal year.

About LY

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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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