LY Co. (OTCMKTS:YAHOY – Get Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 10,800 shares, a decline of 79.3% from the June 15th total of 52,300 shares. Based on an average daily trading volume, of 179,000 shares, the days-to-cover ratio is presently 0.1 days.
LY Stock Performance
Shares of YAHOY stock remained flat at $5.01 on Friday. 46,787 shares of the company traded hands, compared to its average volume of 64,634. The firm’s 50 day moving average is $4.80 and its two-hundred day moving average is $5.34. LY has a 52 week low of $4.32 and a 52 week high of $7.05.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $3.15 billion for the quarter. LY had a return on equity of 4.20% and a net margin of 6.33%. As a group, analysts forecast that LY will post 0.22 EPS for the current 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.
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