Short Interest in LY Co. (OTCMKTS:YAHOY) Drops By 58.2%

LY Co. (OTCMKTS:YAHOY) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 16,500 shares, a decrease of 58.2% from the December 15th total of 39,500 shares. Based on an average daily trading volume, of 265,900 shares, the days-to-cover ratio is currently 0.1 days.

LY Stock Up 0.2 %

OTCMKTS:YAHOY traded up $0.01 during trading hours on Tuesday, hitting $5.35. 144,041 shares of the company traded hands, compared to its average volume of 133,492. The company has a market cap of $19.13 billion, a PE ratio of 29.72 and a beta of 0.99. The firm’s 50-day simple moving average is $5.43 and its 200-day simple moving average is $5.36. LY has a one year low of $4.32 and a one year high of $6.54.

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.