LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) Shares Shorted: Short Interest Down 54.7% in September

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 35,168 shares, a drop of 54.7% from the September 15th total of 77,680 shares. Based on an average daily trading volume, of 83,821 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

LY Stock Performance

Shares of OTCMKTS:YAHOY opened at $6.51 on Wednesday. The business’s 50-day simple moving average is $6.57 and its 200 day simple moving average is $5.69. The company has a market cap of $22.41 billion, a P/E ratio of 17.35 and a beta of 0.93. 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 results on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. The firm had revenue of $3.48 billion during the quarter. LY had a return on equity of 5.49% and a net margin of 6.24%. Analysts predict that LY will post 0.42 earnings per share for the current year.

LY Company Profile

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.