LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 77,680 shares, an increase of 75.6% from the August 31st total of 44,248 shares. Based on an average daily volume of 50,173 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.0% of the shares of the stock are short sold.
LY Stock Down 0.8%
YAHOY stock opened at $6.47 on Thursday. The stock has a market capitalization of $22.28 billion, a P/E ratio of 16.59 and a beta of 0.90. The firm has a 50-day simple moving average of $6.43 and a 200-day simple moving average of $5.61. LY has a 52 week low of $4.58 and a 52 week high of $7.29.
LY (OTCMKTS:YAHOY – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%. The firm had revenue of $3.48 billion for the quarter. On average, analysts expect that LY will post 0.42 earnings per share for the current year.
About LY
Yahoo is a global digital media and technology company that provides consumer internet services, online content and digital advertising solutions. Its products include Yahoo Mail, Yahoo Search, Yahoo News, Yahoo Finance, Yahoo Sports and other media and lifestyle services.
The company serves users primarily in the United States and internationally through localized websites, applications and online platforms. Yahoo’s services combine editorial content, search capabilities, communications tools, sports and financial information, and advertising offerings for businesses and marketers.
Yahoo was founded in 1994 by Jerry Yang and David Filo.
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