LY Co. (OTCMKTS:YAHOY) Short Interest Update

LY Co. (OTCMKTS:YAHOY) was the recipient of a large increase in short interest during the month of 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 258,900 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on shares of LY in a research report on Tuesday. They set a “neutral” rating on the stock.

LY Trading Up 1.8 %

LY stock opened at $7.17 on Friday. The stock has a 50 day moving average of $6.48 and a two-hundred day moving average of $5.85. LY has a twelve month low of $4.32 and a twelve month high of $7.45. The stock has a market capitalization of $25.64 billion, a price-to-earnings ratio of 35.85 and a beta of 0.97.

LY (OTCMKTS:YAHOY) last issued its quarterly earnings results 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%. Equities analysts predict 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.