Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Drops By 50.5%

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 23,600 shares, a decrease of 50.5% from the August 15th total of 47,700 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 166,400 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

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

Yatra Online Stock Performance

Shares of NASDAQ YTRA opened at $1.61 on Friday. The business’s 50 day moving average price is $1.38 and its two-hundred day moving average price is $1.41. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.41 and a quick ratio of 2.41. Yatra Online has a twelve month low of $1.07 and a twelve month high of $2.67.

Yatra Online (NASDAQ:YTRA) last posted its earnings results on Monday, August 12th. The technology company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Yatra Online had a negative return on equity of 1.31% and a negative net margin of 7.62%. The company had revenue of $12.61 million for the quarter, compared to the consensus estimate of $18.72 million. Analysts predict that Yatra Online will post 0.02 EPS for the current year.

Hedge Funds Weigh In On Yatra Online

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

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.