Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Up 49.0% in March

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 69,900 shares, a growth of 49.0% from the March 15th total of 46,900 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 144,500 shares, the days-to-cover ratio is presently 0.5 days.

Yatra Online Stock Down 4.5 %

NASDAQ:YTRA opened at $1.48 on Friday. The firm’s 50-day moving average price is $1.57 and its 200-day moving average price is $1.65. The company has a market capitalization of $94.20 million, a PE ratio of -18.50 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.60 and a quick ratio of 2.60. Yatra Online has a 1-year low of $1.39 and a 1-year high of $2.67.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings results on Wednesday, February 14th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $13.37 million during the quarter, compared to the consensus estimate of $19.34 million. Yatra Online had a negative return on equity of 2.80% and a negative net margin of 7.22%.

Hedge Funds Weigh In On Yatra Online

Hedge funds have recently bought and sold shares of the company. Gerber LLC bought a new position in Yatra Online in the 4th quarter worth about $26,000. Acadian Asset Management LLC bought a new position in Yatra Online during the 3rd quarter valued at about $27,000. Susquehanna International Group LLP bought a new position in Yatra Online during the 1st quarter valued at about $34,000. State Street Corp bought a new position in Yatra Online during the 3rd quarter valued at about $43,000. Finally, FinTrust Capital Advisors LLC lifted its stake in Yatra Online by 31.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 29,420 shares of the technology company’s stock valued at $59,000 after acquiring an additional 7,100 shares during the period. Institutional investors own 50.97% of the company’s stock.

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.