Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Declines By 62.7%

Yatra Online, Inc. (NASDAQ:YTRA) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 10,000 shares, adecreaseof62.7% from the July 15th total of 26,800 shares. Based on an average daily volume of 74,200 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the company’s stock are short sold. Currently,0.0% of the company’s stock are short sold. Based on an average daily volume of 74,200 shares, the short-interest ratio is presently 0.1 days.

Yatra Online Trading Up 3.6%

YTRA stock opened at $1.30 on Monday. The business has a fifty day moving average price of $0.98 and a 200 day moving average price of $0.89. Yatra Online has a fifty-two week low of $0.58 and a fifty-two week high of $1.75. The stock has a market capitalization of $80.70 million, a price-to-earnings ratio of 130.13 and a beta of 1.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.99 and a quick ratio of 1.99.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings results on Thursday, May 29th. The technology company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). Yatra Online had a net margin of 0.31% and a return on equity of 0.36%. The business had revenue of $25.66 million for the quarter, compared to analyst estimates of $2.26 billion. Analysts expect that Yatra Online will post 0.04 EPS for the current fiscal year.

Analyst Ratings Changes

YTRA has been the topic of several research reports. Zacks Research raised Yatra Online to a “hold” rating in a report on Friday, August 8th. HC Wainwright reissued a “buy” rating and set a $3.00 price objective on shares of Yatra Online in a report on Tuesday, June 3rd.

Institutional Investors Weigh In On Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC acquired a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 19,639 shares of the technology company’s stock, valued at approximately $25,000. 50.97% of the stock is currently owned by hedge funds and other 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.