Yatra Online, Inc. (NASDAQ:YTRA) Sees Large Growth in Short Interest

Yatra Online, Inc. (NASDAQ:YTRA) saw a large increase in short interest in 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 daily volume of 157,300 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Wall Street Analyst Weigh In

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

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) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 16,135 shares of the technology company’s stock, valued at approximately $26,000. Institutional investors and hedge funds own 50.97% of the company’s stock.

Yatra Online Trading Up 3.0 %

Shares of NASDAQ YTRA opened at $1.70 on Friday. The stock’s 50 day moving average price is $1.51 and its two-hundred day moving average price is $1.43. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.41. Yatra Online has a 52-week low of $1.07 and a 52-week high of $2.16.

Yatra Online (NASDAQ:YTRA) last released its earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Yatra Online had a negative net margin of 7.62% and a negative return on equity of 1.31%. The firm had revenue of $12.61 million during the quarter, compared to analyst estimates of $18.72 million. As a group, equities research analysts predict that Yatra Online will post 0.02 earnings per share 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.