Yandex (NASDAQ:YNDX) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 5,570,000 shares, a drop of 26.6% from the November 15th total of 7,590,000 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average daily volume of 1,470,000 shares, the short-interest ratio is presently 3.8 days.
Shares of Yandex stock opened at $62.18 on Friday. Yandex has a one year low of $58.91 and a one…
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