LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Sees Large Increase in Short Interest

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 77,680 shares, a growth of 75.6% from the August 31st total of 44,248 shares. Based on an average daily volume of 50,173 shares, the short-interest ratio is currently 1.5 days. Approximately 0.0% of the company’s shares are short sold.

LY Stock Down 1.7%

Shares of OTCMKTS YAHOY opened at $6.36 on Friday. The firm’s fifty day moving average is $6.45 and its 200 day moving average is $5.62. LY has a 52 week low of $4.58 and a 52 week high of $7.29. The company has a market cap of $21.90 billion, a price-to-earnings ratio of 16.31 and a beta of 0.93.

LY (OTCMKTS:YAHOY) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. The business had revenue of $3.48 billion during the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%. Equities research analysts anticipate that LY will post 0.42 earnings per share for the current year.

About LY

Yahoo is a global digital media and technology company that provides consumer internet services, online content and digital advertising solutions. Its products include Yahoo Mail, Yahoo Search, Yahoo News, Yahoo Finance, Yahoo Sports and other media and lifestyle services.

The company serves users primarily in the United States and internationally through localized websites, applications and online platforms. Yahoo’s services combine editorial content, search capabilities, communications tools, sports and financial information, and advertising offerings for businesses and marketers.

Yahoo was founded in 1994 by Jerry Yang and David Filo.