<div id="readability-page-1"><p>JOYY Inc. Sponsored ADR (NASDAQ:JOYY - Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 748,932 shares,  a drop of 26.7% from the March 15th total of 1,021,755 shares. Currently, 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 471,053 shares, the days-to-cover ratio is currently 1.6 days.</p><h2>JOYY Stock Up 1.5%</h2><p>Shares of JOYY stock traded up $0.91 during trading on Wednesday, reaching $63.07. The company's stock had a trading volume of 207,254 shares, compared to its average volume of 339,621. The firm's 50-day moving average is $60.57 and its two-hundred day moving average is $62.00. JOYY has a 52-week low of $38.40 and a 52-week high of $70.96. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 12.79 and a beta of 0.42. </p><p>JOYY (NASDAQ:JOYY - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $1.34 EPS for the quarter. JOYY had a net margin of 98.79% and a return on equity of 3.93%. The company had revenue of $581.92 million during the quarter. </p><h2>JOYY Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Wednesday, April 22nd will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Wednesday, April 22nd. JOYY's dividend payout ratio  is currently 9.89%. </p><h2>Analysts Set New Price Targets</h2><p>JOYY has been the subject of a number of recent research reports. Zacks Research lowered shares of JOYY from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Thursday, March 19th. UBS Group started coverage on shares of JOYY in a research note on Wednesday, March 11th. They issued a &#34;buy&#34; rating and a $80.00 price objective for the company. Citigroup upped their price objective on shares of JOYY from $70.00 to $78.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, January 13th. Wall Street Zen cut shares of JOYY from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, December 20th. Finally, Weiss Ratings  reaffirmed a &#34;hold (c-)&#34; rating on shares of JOYY in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one  has issued  a Hold rating and one  has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of &#34;Hold&#34; and an average target price of $74.67.</p><p><b>View Our Latest Stock Report on JOYY</b></p><h2>Institutional Investors Weigh In On JOYY</h2><p>A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. bought a new stake in  JOYY during the 3rd quarter valued at $27,000.  Sittner &amp; Nelson LLC bought a new position in  JOYY in the 3rd quarter worth $29,000.  Farther Finance Advisors LLC bought a new position in  JOYY in the 3rd quarter worth $35,000.  Migdal Insurance &amp; Financial Holdings Ltd. bought a new position in  JOYY in the 3rd quarter worth $87,000.  Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in  JOYY in the 3rd quarter worth $142,000. 36.83% of the stock is currently owned by institutional investors. </p><h2>JOYY Company Profile</h2> (Get Free Report)<p>JOYY Inc <span>NASDAQ: JOYY<span></span></span> is a China-based technology company that develops and operates social media and live-streaming platforms. The company's core business centers on real-time interactive video services and short-form social content, enabling users to create, share and monetize live and recorded audio-visual content. JOYY's platforms are designed to connect creators and viewers through features such as live chat, virtual gifting and subscription-based interactions. </p><p>Products and services provided by JOYY include consumer-facing mobile and web applications that support live entertainment, social networking and short-form video consumption.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than JOYY</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in JOYY Right Now?</h2><p>Before you consider JOYY, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JOYY wasn't on the list.</p><p>While JOYY currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

JOYY

<p>JOYY Inc. (NASDAQ: JOYY) experienced a significant decrease in short interest, dropping 26.7% to 748,932 shares as of March 31. The short-interest ratio is currently 1.6 days, with 2.6% of shares sold short. JOYY's stock rose 1.5% to $63.07, with a market cap of $3.15 billion and a P/E ratio of 12.79. The company declared a quarterly dividend of $1.38 per share, yielding 8.8%. Analysts have mixed ratings, with an average target price of $74.67. Institutional investors hold 36.83% of the stock.</p>

- JOYY Inc. experienced a 26.7% decrease in short interest, with 748,932 shares short as of March 31st.  
- The company's stock rose 1.5%, reaching $63.07, and it recently declared a quarterly dividend of $1.38 per share, yielding 8.8%.  
- Analysts provide mixed ratings for JOYY, with a current average rating of "Hold" and a target price of $74.67.

JOYY Inc. Sponsored ADR (NASDAQ:JOYY) Sees Large Drop in Short Interest