Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Update

Yatra Online, Inc. (NASDAQ:YTRA) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 55,100 shares, a drop of 22.5% from the February 28th total of 71,100 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 117,900 shares, the days-to-cover ratio is currently 0.5 days.

Yatra Online Stock Performance

YTRA stock opened at $0.78 on Tuesday. Yatra Online has a twelve month low of $0.78 and a twelve month high of $1.75. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.03. The company has a market cap of $49.17 million, a P/E ratio of 86.50 and a beta of 1.26. The business’s fifty day moving average is $1.00 and its 200-day moving average is $1.28.

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

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

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.