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

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) was the recipient of a large drop in short interest during the month of 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 83,821 shares, the short-interest ratio is currently 0.4 days.

LY Stock Down 0.6%

LY stock opened at $6.47 on Thursday. LY has a 52 week low of $4.58 and a 52 week high of $7.29. The company’s 50 day moving average price is $6.58 and its two-hundred day moving average price is $5.71. The stock has a market cap of $22.28 billion, a P/E ratio of 16.59 and a beta of 0.93.

LY (OTCMKTS:YAHOY) last released its earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share (EPS) for the quarter. The company 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%. On average, equities analysts anticipate that LY will post 0.42 EPS 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.