LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Stock Short Interest Falls 72.2%

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 23,056 shares, a drop of 72.2% from the October 15th total of 82,893 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 80,871 shares, the short-interest ratio is currently 0.3 days.

LY Stock Up 1.3%

Shares of YAHOY stock traded up $0.09 on Friday, hitting $6.56. The stock had a trading volume of 2,212 shares, compared to its average volume of 224,186. The business has a 50 day moving average price of $6.61 and a 200 day moving average price of $5.65. The company has a market cap of $22.58 billion, a PE ratio of 23.41 and a beta of 0.97. LY has a one year low of $4.58 and a one year high of $7.29.

LY (OTCMKTS:YAHOY) last released its quarterly earnings data on Thursday, November 5th. The technology company reported $0.10 earnings per share for the quarter. LY had a net margin of 4.39% and a return on equity of 5.05%. The company had revenue of $3.54 billion during the quarter. Equities research analysts expect that LY will post 0.42 EPS for the current year.

LY Company Profile

LY Corporation is a Japanese internet services company that operates Yahoo! JAPAN and the LINE messaging platform. Its services include online search and news, digital advertising, e-commerce, and communications tools. The company was formed in October 2023 through the integration of Z Holdings, LINE Corporation, and Yahoo Japan. Its offerings primarily serve users and businesses in Japan, with LINE also used in other markets.