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

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 75,300 shares, an increase of 1,830.8% from the January 31st total of 3,900 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 129,000 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, HC Wainwright cut their target price 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.

Yatra Online Stock Down 1.4 %

Shares of Yatra Online stock traded down $0.01 during trading on Thursday, reaching $0.99. The company had a trading volume of 35,201 shares, compared to its average volume of 140,484. The company has a market cap of $62.23 million, a price-to-earnings ratio of 101.00 and a beta of 1.30. The firm’s fifty day moving average is $1.17 and its 200-day moving average is $1.38. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.22 and a current ratio of 2.22. Yatra Online has a fifty-two week low of $0.96 and a fifty-two week high of $1.75.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates 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, analysts anticipate that Yatra Online will post 0.04 EPS for the current year.

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 stake in shares of Yatra Online, Inc. (NASDAQ:YTRA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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.

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.