LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Short Interest Update

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 147,635 shares, a growth of 397.5% from the April 30th total of 29,674 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 305,198 shares, the days-to-cover ratio is presently 0.5 days.

LY Stock Performance

Shares of YAHOY stock opened at $5.14 on Thursday. LY has a one year low of $4.58 and a one year high of $7.99. The company’s 50-day moving average is $5.12 and its 200 day moving average is $5.16. The company has a market capitalization of $17.69 billion, a price-to-earnings ratio of 13.89 and a beta of 0.95.

LY (OTCMKTS:YAHOY) last announced its quarterly earnings data on Friday, May 8th. The technology company reported $0.08 EPS for the quarter. LY had a net margin of 6.14% and a return on equity of 5.02%. The company had revenue of $11.17 billion for the quarter. As a group, research analysts predict that LY will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

YAHOY has been the topic of a number of recent research reports. The Goldman Sachs Group raised shares of LY to a “hold” rating in a research report on Sunday, May 10th. Zacks Research raised shares of LY to a “hold” rating in a research report on Friday, April 17th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, LY presently has a consensus rating of “Hold”.

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.