Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 55.9% in September

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 10,400 shares, a decrease of 55.9% from the August 31st total of 23,600 shares. Based on an average daily volume of 156,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Gerber LLC acquired a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 16,135 shares of the technology company’s stock, valued at approximately $26,000. 50.97% of the stock is currently owned by institutional investors.

Yatra Online Price Performance

Yatra Online stock opened at $1.70 on Friday. The business has a 50 day simple moving average of $1.45 and a 200-day simple moving average of $1.41. Yatra Online has a 12 month low of $1.07 and a 12 month high of $2.24. 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 $108.20 million, a PE ratio of -24.29 and a beta of 1.23.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $12.61 million for the quarter, compared to analyst estimates of $18.72 million. Yatra Online had a negative net margin of 7.62% and a negative return on equity of 1.31%. Equities analysts predict that Yatra Online will post 0.02 earnings per share for the current year.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “buy” rating and set a $4.00 price target on shares of Yatra Online in a report on Tuesday, September 3rd.

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.