LY Co. (OTCMKTS:YAHOY) Short Interest Up 76.3% in December

LY Co. (OTCMKTS:YAHOY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 39,500 shares, an increase of 76.3% from the November 30th total of 22,400 shares. Based on an average daily trading volume, of 160,500 shares, the days-to-cover ratio is presently 0.2 days.

LY Stock Performance

Shares of YAHOY opened at $5.30 on Friday. LY has a 52-week low of $4.32 and a 52-week high of $7.05. The firm has a market cap of $18.95 billion, a price-to-earnings ratio of 29.44 and a beta of 1.01. The business’s fifty day moving average is $5.46 and its 200-day moving average is $5.31.

Analysts Set New Price Targets

Separately, New Street Research raised shares of LY to a “strong-buy” rating in a research note on Monday, September 9th.

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.