Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Update

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 75,300 shares, an increase of 1,830.8% from the January 31st total of 3,900 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 129,000 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, HC Wainwright decreased their price objective on shares of Yatra Online from $4.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, February 12th.

Institutional Trading of Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC bought a new stake in shares of Yatra Online, Inc. (NASDAQ:YTRA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,639 shares of the technology company’s stock, valued at approximately $25,000. Institutional investors own 50.97% of the company’s stock.

Yatra Online Price Performance

Shares of Yatra Online stock traded down $0.01 on Thursday, hitting $0.99. The company had a trading volume of 35,201 shares, compared to its average volume of 140,484. The business has a 50-day simple moving average of $1.17 and a 200-day simple moving average of $1.38. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.22 and a quick ratio of 2.22. The company has a market cap of $62.23 million, a PE ratio of 101.00 and a beta of 1.30. Yatra Online has a 52 week low of $0.96 and a 52 week high of $1.75.

Yatra Online (NASDAQ:YTRA) last released its earnings results on Tuesday, February 11th. The technology company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Yatra Online had a negative net margin of 0.46% and a positive return on equity of 0.27%. Research analysts expect that Yatra Online will post 0.04 EPS for the current fiscal year.

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.