LY Co. (OTCMKTS:YAHOY) Short Interest Down 70.2% in January

LY Co. (OTCMKTS:YAHOY) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 23,900 shares, a decline of 70.2% from the January 15th total of 80,300 shares. Based on an average daily volume of 276,200 shares, the days-to-cover ratio is currently 0.1 days.

LY Stock Down 1.8 %

OTCMKTS YAHOY opened at $6.44 on Thursday. LY has a 12-month low of $4.32 and a 12-month high of $6.58. The firm has a 50-day moving average price of $5.62 and a two-hundred day moving average price of $5.50. The company has a market capitalization of $23.03 billion, a P/E ratio of 29.32 and a beta of 0.99.

LY (OTCMKTS:YAHOY) last issued its quarterly earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter. LY had a return on equity of 3.64% and a net margin of 6.17%. Equities analysts expect that LY will post 0.26 EPS for the current year.

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.