Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Declines By 15.3%

Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 42,100 shares, a decrease of 15.3% from the September 30th total of 49,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 157,700 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

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

Yatra Online Price Performance

Shares of NASDAQ YTRA traded down $0.04 during midday trading on Monday, reaching $1.40. 58,073 shares of the company were exchanged, compared to its average volume of 163,720. Yatra Online has a one year low of $1.07 and a one year high of $1.93. The stock has a market cap of $89.11 million, a P/E ratio of -20.00 and a beta of 1.23. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.03. The stock's 50-day moving average price is $1.58 and its 200-day moving average price is $1.43.

Yatra Online (NASDAQ:YTRA - Get Free Report) last issued its 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 during the quarter, compared to analysts' expectations of $18.72 million. Yatra Online had a negative return on equity of 1.31% and a negative net margin of 7.62%. On average, sell-side analysts anticipate that Yatra Online will post 0.02 earnings per share for the current fiscal year.

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.