Yatra Online, Inc. (NASDAQ:YTRA – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 49,700 shares, an increase of 377.9% from the September 15th total of 10,400 shares. Based on an average trading volume of 157,300 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.
Hedge Funds Weigh In On Yatra Online
An institutional investor recently bought a new position in Yatra Online stock. Gerber LLC bought a new stake in Yatra Online, Inc. (NASDAQ:YTRA – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 16,135 shares of the technology company’s stock, valued at approximately $26,000. 50.97% of the stock is currently owned by hedge funds and other institutional investors.
Yatra Online Price Performance
NASDAQ YTRA opened at $1.65 on Friday. Yatra Online has a twelve month low of $1.07 and a twelve month high of $2.20. The stock has a fifty day simple moving average of $1.51 and a 200-day simple moving average of $1.42. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03.
Wall Street Analyst Weigh In
Separately, HC Wainwright reiterated a “buy” rating and issued a $4.00 price objective on shares of Yatra Online in a research report on Tuesday, September 3rd.
Check Out Our Latest Stock Analysis on YTRA
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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