LY Co. (OTCMKTS:YAHOY) Short Interest Update

LY Co. (OTCMKTS:YAHOY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 73,000 shares, an increase of 89.1% from the February 28th total of 38,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 258,900 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group began coverage on LY in a research report on Tuesday. They issued a “neutral” rating for the company.

LY Trading Up 1.8 %

YAHOY stock opened at $7.17 on Friday. The company’s 50-day moving average price is $6.48 and its 200 day moving average price is $5.85. LY has a 52 week low of $4.32 and a 52 week high of $7.45. The company has a market cap of $25.64 billion, a P/E ratio of 35.85 and a beta of 0.97.

LY (OTCMKTS:YAHOY) last released its quarterly earnings data on Thursday, February 6th. The technology company reported $0.08 earnings per share for the quarter. LY had a return on equity of 3.65% and a net margin of 6.17%. On average, equities research analysts expect that LY will post 0.26 earnings per share for the current year.

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.