Yandex (NASDAQ:YNDX) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 11,430,000 shares, a decline of 14.2% from the September 30th total of 13,320,000 shares. Based on an average daily volume of 3,390,000 shares, the short-interest ratio is presently 3.4 days.
Yandex stock opened at $56.88 on Tuesday. The firm’s 50 day simple moving average is $60.86 and its 200-day simple moving average is $52.41. The company has a…
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