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

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 21,775 shares, a growth of 203.9% from the May 14th total of 7,165 shares. Based on an average daily volume of 43,918 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Yatra Online from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Yatra Online

A number of large investors have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in shares of Yatra Online during the 4th quarter worth approximately $79,000. Quadrature Capital Ltd bought a new stake in shares of Yatra Online during the 4th quarter worth approximately $36,000. Osaic Holdings Inc. raised its stake in shares of Yatra Online by 22,610.3% during the 4th quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock worth $315,000 after purchasing an additional 176,360 shares in the last quarter. Corsair Capital Management L.P. bought a new stake in shares of Yatra Online during the 4th quarter worth approximately $36,000. Finally, Jane Street Group LLC bought a new stake in shares of Yatra Online during the 4th quarter worth approximately $60,000. 50.97% of the stock is currently owned by institutional investors and hedge funds.

Yatra Online Trading Up 0.1%

Yatra Online stock opened at $0.89 on Friday. The firm has a 50-day moving average of $0.99 and a 200-day moving average of $1.33. Yatra Online has a one year low of $0.72 and a one year high of $2.00. 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 company has a market cap of $55.66 million, a price-to-earnings ratio of -22.34 and a beta of 0.71.

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.