LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Short Interest Update

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 large 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. Based on an average daily trading volume, of 197,800 shares, the short-interest ratio is currently 0.3 days. Approximately0.0% of the company's shares are sold short. Approximately0.0% of the company's shares are sold short. Based on an average daily trading volume, of 197,800 shares, the short-interest ratio is currently 0.3 days.

LY Stock Down 1.2%

Shares of YAHOY traded down $0.08 during trading hours on Tuesday, reaching $6.40. The stock had a trading volume of 90,447 shares, compared to its average volume of 114,076. The firm has a 50-day moving average of $7.14 and a 200 day moving average of $7.06. The company has a market cap of $22.22 billion, a P/E ratio of 23.70 and a beta of 0.75. LY has a 52 week low of $5.14 and a 52 week high of $8.41.

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

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of LY from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th.

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.