LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Short Interest Up 24.4% in December
by Danessa Lincoln · The Markets DailyLY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 65,774 shares, a growth of 24.4% from the November 30th total of 52,888 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 678,961 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 678,961 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.
LY Trading Down 0.2%
Shares of OTCMKTS:YAHOY opened at $5.29 on Thursday. LY has a 12 month low of $5.16 and a 12 month high of $8.41. The company has a market capitalization of $18.20 billion, a price-to-earnings ratio of 13.92 and a beta of 0.85. The firm’s 50-day moving average is $5.44 and its 200 day moving average is $6.27.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $3.43 billion during the quarter. LY had a net margin of 10.35% and a return on equity of 6.38%. As a group, equities analysts forecast that LY will post 0.26 EPS for the current fiscal 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. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was founded in 1996 and is headquartered in Chiyoda, Japan. LY Corporation operates as a subsidiary of A Holdings Corporation.