LY Co. (OTCMKTS:YAHOY) Short Interest Up 156.8% in October

LY Co. (OTCMKTS:YAHOY) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 33,900 shares, a growth of 156.8% from the October 15th total of 13,200 shares. Based on an average trading volume of 118,600 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

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

LY Stock Up 0.4 %

Shares of YAHOY stock opened at $5.25 on Wednesday. The business has a 50-day moving average price of $5.60 and a two-hundred day moving average price of $5.16. LY has a 12-month low of $4.32 and a 12-month high of $7.05. The firm has a market cap of $18.77 billion, a P/E ratio of 27.53 and a beta of 1.03.

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.