Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Rises By 1,830.8%

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 75,300 shares, a growth of 1,830.8% from the January 31st total of 3,900 shares. Based on an average trading volume of 129,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, HC Wainwright cut their price objective on shares of Yatra Online from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th.

Institutional Investors Weigh In On Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC acquired a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,639 shares of the technology company’s stock, valued at approximately $25,000. 50.97% of the stock is currently owned by hedge funds and other institutional investors.

Yatra Online Stock Performance

Shares of NASDAQ YTRA opened at $1.03 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.22 and a current ratio of 2.22. The company has a market capitalization of $65.01 million, a PE ratio of 102.00 and a beta of 1.30. Yatra Online has a 1 year low of $0.96 and a 1 year high of $1.75. The company’s fifty day moving average price is $1.16 and its 200 day moving average price is $1.37.

Yatra Online (NASDAQ:YTRA) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). Yatra Online had a negative net margin of 0.46% and a positive return on equity of 0.27%. On average, research analysts predict that Yatra Online will post 0.04 earnings per share for the current year.

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.