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

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 49,700 shares, a growth of 377.9% from the September 15th total of 10,400 shares. Based on an average daily trading volume, of 157,300 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and set a $4.00 price objective on shares of Yatra Online in a research note on Tuesday, September 3rd.

Yatra Online Price Performance

Shares of Yatra Online stock opened at $1.70 on Friday. Yatra Online has a 52 week low of $1.07 and a 52 week high of $2.16. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average price is $1.51 and its two-hundred day moving average price is $1.43.

Yatra Online (NASDAQ:YTRA) last announced its earnings results on Monday, August 12th. The technology company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $12.61 million during the quarter, compared to analysts’ expectations of $18.72 million. Yatra Online had a negative net margin of 7.62% and a negative return on equity of 1.31%. Equities research analysts expect that Yatra Online will post 0.02 EPS for the current fiscal year.

Institutional Investors Weigh In On Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Gerber LLC bought a new position in Yatra Online, Inc. (NASDAQ:YTRA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 16,135 shares of the technology company’s stock, valued at approximately $26,000. 50.97% of the stock is currently owned by institutional investors.

Yatra Online Company Profile

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.