LY Co. (OTCMKTS:YAHOY – Get Free Report) was the target of a large growth in short interest during the month of 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 trading volume of 160,500 shares, the days-to-cover ratio is currently 0.2 days.
LY Stock Up 1.1 %
YAHOY stock opened at $5.36 on Friday. LY has a fifty-two week low of $4.32 and a fifty-two week high of $7.05. The stock has a market cap of $19.15 billion, a PE ratio of 29.76 and a beta of 1.01. The firm’s 50-day simple moving average is $5.46 and its 200 day simple moving average is $5.32.
Wall Street Analyst Weigh In
Separately, New Street Research raised shares of LY to a “strong-buy” rating in a report on Monday, September 9th.
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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