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

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 87,081 shares, a decrease of 19.7% from the December 15th total of 108,434 shares. Based on an average daily trading volume, of 165,802 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 165,802 shares, the short-interest ratio is presently 0.5 days.

Yatra Online Stock Performance

NASDAQ YTRA opened at $1.70 on Monday. The stock has a market capitalization of $105.89 million, a price-to-earnings ratio of 85.04 and a beta of 0.78. The business’s 50 day moving average is $1.73 and its two-hundred day moving average is $1.47. Yatra Online has a 12-month low of $0.58 and a 12-month high of $2.00. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.04.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Zacks Research downgraded Yatra Online from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Yatra Online in a report on Monday, December 29th. Finally, Wall Street Zen raised Yatra Online to a “hold” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $3.00.

Institutional Investors Weigh In On Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Virtu Financial LLC purchased a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,945 shares of the technology company’s stock, valued at approximately $25,000. 50.97% of the stock is owned by institutional investors and hedge funds.

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.