Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 32.5% in October

Yatra Online, Inc. (NASDAQ:YTRA) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 28,400 shares, a drop of 32.5% from the October 15th total of 42,100 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 148,300 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of Yatra Online in a report on Thursday.

Yatra Online Stock Down 2.9 %

Yatra Online stock opened at $1.36 on Friday. The business has a fifty day moving average price of $1.56 and a 200-day moving average price of $1.42. Yatra Online has a 1-year low of $1.07 and a 1-year high of $1.93. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.41 and a quick ratio of 2.41. The stock has a market capitalization of $85.83 million, a price-to-earnings ratio of -70.50 and a beta of 1.25.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings data on Monday, August 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $12.61 million during the quarter, compared to analysts’ expectations of $18.72 million. Yatra Online had a negative return on equity of 0.30% and a negative net margin of 1.15%. Equities research analysts forecast that Yatra Online will post 0.02 EPS for the current fiscal year.

Yatra Online Company Profile

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.