Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 32.5% in October

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 28,400 shares, a decrease of 32.5% from the October 15th total of 42,100 shares. Based on an average daily volume of 148,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Yatra Online Price Performance

Shares of NASDAQ:YTRA opened at $1.36 on Friday. The company has a 50-day moving average price of $1.56 and a 200 day moving average price of $1.42. Yatra Online has a 52 week low of $1.07 and a 52 week high of $1.93. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.03. The company has a market cap of $85.83 million, a P/E ratio of -70.50 and a beta of 1.25.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $12.61 million for the quarter, compared to analyst estimates of $18.72 million. Yatra Online had a negative net margin of 1.15% and a negative return on equity of 0.30%. Research analysts predict that Yatra Online will post 0.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and set a $4.00 price objective on shares of Yatra Online in a research report on Thursday.

About Yatra Online

Yatra Online, Inc operates as an online travel company in India and internationally. It operates in Air Ticketing, and Hotels and Packages, and Other Services segments. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, cab bookings, and ancillary services for leisure and business travelers.