YY Inc – American Depositary Shares (NASDAQ:YY) Sellers Rose Their Shorts By 16.71% As Of Jun 29, 2018

June 29, 2018 - By Jeanette Garcia

Change of 16.71% for YY Inc – American Depositary Shares (NASDAQ:YY)’s short interest was recorded. In June was published YY’s total 1.14M short interest by FINRA. The 976,400 previous shares are up with 16.71%. 1 days will cost YY with 1.18M average volume to recover its previous position. YY Inc – American Depositary Shares’s short interest float is 3.11%.

YY touched $102 during the last trading session after $1.04 change.YY Inc. has volume of 346,864 shares. Since June 29, 2017 YY has risen 84.59% and is uptrending. The stock outperformed the S&P500 by 72.02%.

YY Inc., through its subsidiaries, operates a live streaming platform in the People??s Republic of China.The firm is valued at $6.45 billion. It engages users to interact in live online group activities through voice, text, and video, as well as to create and organize groups of various sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting, and e-learning.The P/E ratio is 15.62. The company??s primary product is YY Client, which enables users to engage in live interactions online; and provides access to user-created online social activities groups.

YY Inc. (NASDAQ:YY) Ratings Coverage

A total of 9 analysts rate YY Inc (NASDAQ:YY) as follows: 8 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 89% are bullish. (NASDAQ:YY) has 11 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, January 23 the stock has “Buy” rating by Jefferies. On Thursday, June 7 Nomura maintained the shares of YY in report with “Buy” rating. On Tuesday, March 6 the firm earned “Outperform” rating by CLSA. On Thursday, June 7 the stock has “Overweight” rating by JP Morgan. On Thursday, January 18 the firm earned “Buy” rating by Instinet. On Tuesday, February 20 Citigroup initiated YY Inc. (NASDAQ:YY) rating. Citigroup has “Buy” rating and $150.0 target. On Tuesday, January 2 UBS initiated the shares of YY in report with “Buy” rating. The company rating was upgraded by Nomura on Wednesday, January 17. On Wednesday, March 28 the firm has “Hold” rating given by Morgan Stanley. On Friday, June 8 the firm has “Buy” rating given by UBS.

For more YY Inc. (NASDAQ:YY) news announced recently go to: Seekingalpha.com, Nasdaq.com, Seekingalpha.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “YY: The Growth Story Continues – Price Target Set At $200 A Share” announced on June 14, 2018, “Why Shares of YY Inc. Dropped Today” on June 06, 2018, “YY: Why Is It So Cheap?” with a publish date: June 20, 2018, “YY Reports First Quarter 2018 Unaudited Financial Results” and the last “Why Ambarella, YY, and Brown-Forman Slumped Today” with publication date: June 06, 2018.

YY Inc. (NASDAQ:YY) Analyst Ratings Chart

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