Short Interest in LY Co. (OTCMKTS:YAHOY) Drops By 52.2%

LY Co. (OTCMKTS:YAHOY - Get Free Report) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 34,700 shares, a decline of 52.2% from the March 31st total of 72,600 shares. Based on an average daily volume of 379,400 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

LY Stock Performance

OTCMKTS YAHOY traded down $0.22 on Friday, hitting $7.32. The stock had a trading volume of 48,302 shares, compared to its average volume of 131,194. The firm has a 50-day moving average of $7.07 and a 200-day moving average of $6.12. The company has a market capitalization of $26.18 billion, a price-to-earnings ratio of 36.60 and a beta of 0.96. LY has a 52-week low of $4.46 and a 52-week high of $7.93.

LY (OTCMKTS:YAHOY - Get Free Report) last announced its earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share for the quarter. LY had a net margin of 6.17% and a return on equity of 3.65%. As a group, research analysts anticipate that LY will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group started coverage on LY in a report on Tuesday, March 25th. They set a "neutral" rating for the company.

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.