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

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 26,100 shares, a drop of 37.1% from the March 31st total of 41,500 shares. Based on an average daily volume of 98,100 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Yatra Online Trading Down 1.8 %

Yatra Online stock opened at $0.68 on Tuesday. The stock has a market cap of $42.92 million, a PE ratio of 69.25 and a beta of 0.88. The stock has a 50-day moving average price of $0.81 and a 200 day moving average price of $1.14. Yatra Online has a 52 week low of $0.58 and a 52 week high of $1.75. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.03.

Yatra Online (NASDAQ:YTRA) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Yatra Online had a negative net margin of 0.46% and a positive return on equity of 0.27%. Equities research analysts predict that Yatra Online will post 0.04 earnings per share for the current fiscal year.

Institutional Trading of Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC purchased a new stake in Yatra Online, Inc. (NASDAQ:YTRA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 19,639 shares of the technology company’s stock, valued at approximately $25,000. Institutional investors and hedge funds own 50.97% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, HC Wainwright dropped their price objective on Yatra Online from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th.

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.