LY Co. (OTCMKTS:YAHOY) Sees Large Drop in Short Interest

LY Co. (OTCMKTS:YAHOY) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 16,500 shares, a decrease of 58.2% from the December 15th total of 39,500 shares. Based on an average daily trading volume, of 265,900 shares, the days-to-cover ratio is currently 0.1 days.

LY Trading Up 0.2 %

Shares of YAHOY traded up $0.01 during mid-day trading on Tuesday, reaching $5.35. 144,041 shares of the stock traded hands, compared to its average volume of 133,492. LY has a 1 year low of $4.32 and a 1 year high of $6.54. The company has a market cap of $19.13 billion, a price-to-earnings ratio of 29.72 and a beta of 0.99. The firm has a fifty day moving average price of $5.43 and a 200 day moving average price of $5.36.

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.