LY Co. (OTCMKTS:YAHOY) Short Interest Up 408.3% in April

LY Co. (OTCMKTS:YAHOY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 12,200 shares, an increase of 408.3% from the March 31st total of 2,400 shares. Based on an average trading volume of 153,200 shares, the days-to-cover ratio is currently 0.1 days.

LY Price Performance

Shares of OTCMKTS:YAHOY traded up $0.20 during mid-day trading on Thursday, reaching $4.78. 61,657 shares of the company traded hands, compared to its average volume of 91,178. LY has a 52 week low of $4.32 and a 52 week high of $7.05. The firm has a market cap of $18.25 billion, a PE ratio of 13.47 and a beta of 0.99. The company’s 50 day moving average price is $5.09 and its 200-day moving average price is $5.70.

LY (OTCMKTS:YAHOY) last announced its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $3.22 billion during the quarter. LY had a return on equity of 3.80% and a net margin of 6.68%. On average, research analysts predict that LY will post 0.25 earnings per share for the current fiscal 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.