Yandex N.V. June 15th Short Interest Update

Yandex N.V. (NASDAQ:YNDX) has shown a rise of 20.2% or 600,374 shares in the short positions. The bets have increased to 3,578,366 shares on June 15,2016 from 2,977,992 shares on May 31,2016. With respect to the floated shares, the shorts are 1.3%. The days to cover are calculated to be 1, using the standard per day volume of 2,861,865 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Yandex N.V. (NASDAQ:YNDX): The stock opened at $21.02 on Friday but the bulls could not build on the opening and the stock topped out at $21.97 for the day. The stock traded down to $20.97 during the day, due to lack of any buying support eventually closed down at $21.39 with a loss of -3.13% for the day. The stock had closed at $22.08 on the previous day. The total traded volume was 3,844,806 shares.

The company shares have rallied 44.14% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $23.20 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $20.61 and the 200 Day Moving Average price is recorded at $16.35.

Yandex N.V. (NASDAQ:YNDX) has tumbled 0.19% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 7.43% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.47% and the outperformance has advanced to 10.68% for the last 4 weeks period.

Yandex N.V. is an Internet and technology company. The Company operates as a search engine in Russia and also serves Turkey, Ukraine, Belarus and Kazakhstan. The Companys Russian businesses are organized in five operating segments: Russian Search and Portal, which includes all services offered in Russia, Belarus and Kazakhstan; Russian E-commerce, which includes the Yandex.Market service; Media Services, which includes Yandex.Music,, Yandex.TV program and Yandex.Kinoafisha; Taxi, which includes the Yandex.Taxi service, and Classified Aggregators, which include Yandex.Auto,, Yandex.Realty and Yandex.Job. Additionally, its international operations are organized in three operating segments: Turkish Search and Portal; Ukrainian Search and Portal, and Data Factory (including the Yandex.Data Factory service). It offers a range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail, Yandex.Maps and Yandex.Auto.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.