Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Up 261.1% in June

Yatra Online, Inc. (NASDAQ:YTRA) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 78,628 shares, a growth of 261.1% from the May 31st total of 21,775 shares. Based on an average daily trading volume, of 310,089 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Yatra Online

Several hedge funds have recently modified their holdings of YTRA. XTX Topco Ltd bought a new stake in Yatra Online during the 4th quarter worth $79,000. Quadrature Capital Ltd bought a new position in Yatra Online in the fourth quarter valued at about $36,000. Osaic Holdings Inc. boosted its stake in shares of Yatra Online by 22,610.3% during the fourth quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock valued at $315,000 after purchasing an additional 176,360 shares in the last quarter. Corsair Capital Management L.P. acquired a new stake in shares of Yatra Online during the fourth quarter valued at about $36,000. Finally, Jane Street Group LLC bought a new stake in shares of Yatra Online during the fourth quarter worth about $60,000. Institutional investors and hedge funds own 50.97% of the company’s stock.

Yatra Online Price Performance

Shares of NASDAQ:YTRA opened at $0.90 on Monday. The company has a market cap of $55.80 million, a price-to-earnings ratio of -22.39 and a beta of 0.71. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.23 and a quick ratio of 2.02. The firm has a 50 day simple moving average of $0.95 and a 200 day simple moving average of $1.27. Yatra Online has a one year low of $0.72 and a one year high of $2.00.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday. Zacks Research upgraded Yatra Online from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

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. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.