22.83% More Yandex N.V. – Class A Ordinary Shares (NASDAQ:YNDX) Shares Shorted

June 29, 2018 - By Lena Young

Yandex N.V. (NASDAQ:YNDX) Corporate Logo

It was reported an increase on Yandex N.V. – Class A Ordinary Shares (NASDAQ:YNDX)’s shorted shares with 22.83%. It was published in June by FINRA the 4.07M shorted shares on YNDX. Previously was reported up change of 22.83% from 3.31 million shares. With Average volume 9.67M, YNDX’s former position will take 0 days to restore. Float short on Yandex N.V. – Class A Ordinary Shares is 1.5%.

YNDX is touching $35.88 during the last trading session, after increased 1.64%.Currently Yandex N.V. is uptrending after 19.66% change in last June 29, 2017. YNDX has 1.61M shares volume. The stock outperformed the S&P 500 by 7.09%.

Yandex N.V. operates an Internet search engine in Russia and internationally.The firm is worth $11.78 billion. The firm offers search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices.The P/E ratio is 42.01. It provides maps and location services, such as Yandex.Maps, Yandex.Navigator, and Yandex.Transport; Yandex.Mail that provides users access to their email accounts; Yandex.Disk, a cloud storage service; Yandex.News, an online news aggregation service; Yandex.Weather, a service that offers hyperlocal weather information; and Yandex Browser for desktops and mobile platforms.

Yandex N.V. (NASDAQ:YNDX) Ratings Coverage

In total 4 analysts cover Yandex NV (NASDAQ:YNDX). “Buy” rating has 4, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 5 are the (NASDAQ:YNDX)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. The company rating was maintained by Deutsche Bank on Thursday, April 19. On Tuesday, January 16 Deutsche Bank maintained Yandex N.V. (NASDAQ:YNDX) rating. Deutsche Bank has “Buy” rating and $50.0 target. On Thursday, April 26 JP Morgan maintained Yandex N.V. (NASDAQ:YNDX) with “Overweight” rating. On Thursday, March 29 the rating was upgraded by Citigroup to “Buy”. On Monday, June 18 the firm earned “Buy” rating by Bank of America.

More recent Yandex N.V. (NASDAQ:YNDX) news were brought out by Nasdaq.com, Globenewswire.com and Globenewswire.com. The first one has “The ‘Netflix of China’ — iQiyi, Inc — Is a Long Way From Becoming Disney” as a title and was brought out on June 08, 2018. The next is “Yandex Announces Board Authorization of a Share Repurchase Program” on June 11, 2018. And last was brought out on June 28, 2018, called “Yandex Announces Results of 2018 Annual General Meeting of Shareholders”.

Yandex N.V. (NASDAQ:YNDX) Analyst Ratings Chart

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