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

Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 55,100 shares, a decrease of 22.5% from the February 28th total of 71,100 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 117,900 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright decreased their price target on shares of Yatra Online from $4.00 to $3.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th.

Institutional Trading of Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC bought a new stake in Yatra Online, Inc. (NASDAQ:YTRA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,639 shares of the technology company's stock, valued at approximately $25,000. 50.97% of the stock is owned by institutional investors and hedge funds.

Yatra Online Stock Down 5.2 %

Shares of YTRA stock traded down $0.04 on Thursday, reaching $0.73. 71,199 shares of the stock were exchanged, compared to its average volume of 146,446. Yatra Online has a twelve month low of $0.73 and a twelve month high of $1.75. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $46.07 million, a price-to-earnings ratio of 77.90 and a beta of 0.88. The business's 50 day moving average price is $0.97 and its 200 day moving average price is $1.27.

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Yatra Online (NASDAQ:YTRA - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The technology company reported $0.01 EPS 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%. As a group, sell-side analysts expect that Yatra Online will post 0.04 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.