LY Co. (OTCMKTS:YAHOY – Get Free Report) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 50,700 shares, a growth of 49.6% from the October 31st total of 33,900 shares. Based on an average trading volume of 212,400 shares, the days-to-cover ratio is currently 0.2 days.
LY Trading Up 2.2 %
Shares of OTCMKTS YAHOY opened at $5.46 on Friday. The firm has a 50 day moving average of $5.52 and a 200 day moving average of $5.21. The firm has a market capitalization of $19.52 billion, a price-to-earnings ratio of 30.33 and a beta of 1.03. LY has a 12-month low of $4.32 and a 12-month high of $7.05.
Wall Street Analyst Weigh In
Separately, New Street Research upgraded shares of LY to a “strong-buy” rating in a research note on Monday, September 9th.
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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