Yandex (NASDAQ:YNDX – Get Rating) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 3,950,000 shares, a drop of 16.0% from the June 30th total of 4,700,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 1.3% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several institutional investors and hedge funds…
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