Yatra Online, Inc. (NASDAQ:YTRA – Get Free Report) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 10,000 shares, adeclineof62.7% from the July 15th total of 26,800 shares. Based on an average daily volume of 74,200 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the company’s shares are short sold. Currently,0.0% of the company’s shares are short sold. Based on an average daily volume of 74,200 shares, the short-interest ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on YTRA. HC Wainwright restated a “buy” rating and set a $3.00 target price on shares of Yatra Online in a research report on Tuesday, June 3rd. Zacks Research raised Yatra Online to a “hold” rating in a research report on Friday, August 8th.
Check Out Our Latest Stock Report on YTRA
Yatra Online Stock Performance
Yatra Online (NASDAQ:YTRA – Get Free Report) last announced its earnings results on Thursday, May 29th. The technology company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.04). The business had revenue of $25.66 million for the quarter, compared to analysts’ expectations of $2.26 billion. Yatra Online had a return on equity of 0.36% and a net margin of 0.31%. On average, equities research analysts expect that Yatra Online will post 0.04 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Yatra Online
An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC bought a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,639 shares of the technology company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 50.97% of the company’s stock.
About Yatra Online
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.
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