Short Interest in LY Co. (OTCMKTS:YAHOY) Grows By 89.1%

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

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on LY in a report on Tuesday, March 25th. They issued a “neutral” rating for the company.

LY Stock Performance

LY stock opened at $6.99 on Friday. The company’s fifty day moving average price is $6.51 and its 200 day moving average price is $5.86. The stock has a market capitalization of $25.00 billion, a P/E ratio of 34.95 and a beta of 0.97. LY has a 1 year low of $4.32 and a 1 year high of $7.49.

LY (OTCMKTS:YAHOY) last announced its earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter. LY had a net margin of 6.17% and a return on equity of 3.65%. Sell-side analysts predict 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.