Short Interest in LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Rises By 180.4%

LY Corporation Unsponsored ADR (OTCMKTS:YAHOYGet Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 385,895 shares, a growth of 180.4% from the June 30th total of 137,617 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 250,998 shares, the short-interest ratio is presently 1.5 days.

Analyst Ratings Changes

A number of analysts have issued reports on the company. The Goldman Sachs Group raised LY to a “hold” rating in a research note on Sunday, May 10th. Zacks Research raised shares of LY to a “hold” rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Read Our Latest Research Report on YAHOY

LY Price Performance

Shares of OTCMKTS YAHOY opened at $5.47 on Wednesday. The company has a 50 day simple moving average of $5.22 and a 200-day simple moving average of $5.13. The company has a market capitalization of $18.83 billion, a P/E ratio of 14.78 and a beta of 0.92. LY has a 1 year low of $4.58 and a 1 year high of $7.49.

LY (OTCMKTS:YAHOYGet Free Report) last released its quarterly earnings data on Friday, May 8th. The technology company reported $0.08 EPS for the quarter. LY had a return on equity of 4.98% and a net margin of 6.14%.The firm had revenue of $11.17 billion for the quarter. As a group, research analysts expect that LY will post 0.28 EPS for the current year.

About LY

(Get Free Report)

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.

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