Yatra Online, Inc. (NASDAQ:YTRA) Sees Significant Drop in Short Interest

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 30,200 shares, a drop of 56.8% from the March 31st total of 69,900 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 174,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Yatra Online

A number of hedge funds have recently made changes to their positions in the stock. FinTrust Capital Advisors LLC grew its position in shares of Yatra Online by 31.8% during the third quarter. FinTrust Capital Advisors LLC now owns 29,420 shares of the technology company’s stock worth $59,000 after buying an additional 7,100 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Yatra Online during the third quarter worth approximately $27,000. Finally, Gerber LLC acquired a new stake in shares of Yatra Online during the fourth quarter worth approximately $26,000. Institutional investors and hedge funds own 50.97% of the company’s stock.

Yatra Online Stock Up 4.0 %

Shares of NASDAQ:YTRA opened at $1.30 on Friday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.05. Yatra Online has a 52-week low of $1.23 and a 52-week high of $2.67. The company has a 50 day moving average of $1.51 and a two-hundred day moving average of $1.59. The company has a market capitalization of $82.75 million, a price-to-earnings ratio of -16.25 and a beta of 1.18.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings data on Wednesday, February 14th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. Yatra Online had a negative net margin of 7.22% and a negative return on equity of 2.80%. The firm had revenue of $13.37 million during the quarter, compared to analyst estimates of $19.34 million.

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.