LY Co. (OTCMKTS:YAHOY – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 39,500 shares, a growth of 76.3% from the November 30th total of 22,400 shares. Based on an average daily trading volume, of 160,500 shares, the short-interest ratio is currently 0.2 days.
LY Stock Up 1.1 %
OTCMKTS:YAHOY opened at $5.36 on Friday. The stock has a fifty day simple moving average of $5.46 and a 200 day simple moving average of $5.32. The firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of 29.76 and a beta of 1.01. LY has a 1-year low of $4.32 and a 1-year high of $7.05.
Wall Street Analysts Forecast Growth
Separately, New Street Research raised LY to a “strong-buy” rating in a research note on Monday, September 9th.
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.
Further Reading
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