Short Interest in LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Increases By 236.6%

Key Points

• Short interest in LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) surged by 236.6% in July, raising the total to 51,500 shares from 15,300 on July 15th.
• LY Corporation reported a quarterly revenue of $3.39 billion and earnings per share (EPS) of $0.08 for the quarter ending August 4th.
• The company's stock performance includes a 52-week range with a low of $5.07 and a high of $8.41, currently opening at $6.60.

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY - Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 51,500 shares, anincreaseof236.6% from the July 15th total of 15,300 shares. Approximately0.0% of the company's stock are short sold. Based on an average trading volume of 197,800 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 197,800 shares, the short-interest ratio is currently 0.3 days. Approximately0.0% of the company's stock are short sold.

LY Stock Performance

Shares of OTCMKTS:YAHOY opened at $6.60 on Friday. The business's 50 day simple moving average is $7.17 and its two-hundred day simple moving average is $7.04. The firm has a market cap of $22.91 billion, a P/E ratio of 24.44 and a beta of 0.75. LY has a 52-week low of $5.07 and a 52-week high of $8.41.

LY (OTCMKTS:YAHOY - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The technology company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $3.39 billion for the quarter. LY had a return on equity of 5.90% and a net margin of 7.78%. On average, equities analysts forecast that LY will post 0.26 earnings per share for the current fiscal year.

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.

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