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

Yatra Online, Inc. (NASDAQ:YTRA) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 22,734 shares, a decrease of 47.1% from the February 26th total of 43,009 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 53,258 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Yatra Online

A number of institutional investors have recently added to or reduced their stakes in YTRA. Virtu Financial LLC acquired a new stake in shares of Yatra Online during the 3rd quarter valued at approximately $25,000. Corsair Capital Management L.P. acquired a new stake in shares of Yatra Online in the 4th quarter worth approximately $36,000. Quadrature Capital Ltd acquired a new stake in shares of Yatra Online in the 4th quarter worth approximately $36,000. Goldman Sachs Group Inc. increased its stake in Yatra Online by 103.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock valued at $93,000 after purchasing an additional 26,510 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Yatra Online in the 4th quarter valued at approximately $60,000. Hedge funds and other institutional investors own 50.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on YTRA shares. Wall Street Zen upgraded shares of Yatra Online to a “hold” rating in a research note on Saturday, December 20th. Zacks Research downgraded shares of Yatra Online from a “hold” rating to a “strong sell” rating in a research report on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yatra Online in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $3.00.

Yatra Online Price Performance

Shares of NASDAQ YTRA opened at $1.05 on Friday. The firm has a market capitalization of $65.40 million, a P/E ratio of -52.50 and a beta of 0.80. Yatra Online has a one year low of $0.58 and a one year high of $2.00. The company’s fifty day moving average is $1.34 and its two-hundred day moving average is $1.53. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.02 and a current ratio of 2.02.

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.