Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Drops By 32.5%

Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the recipient of 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. Approximately 0.1% of the company's shares are short sold. Based on an average daily volume of 148,300 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a "buy" rating and set a $4.00 price target on shares of Yatra Online in a report on Thursday.

Yatra Online Stock Down 1.4 %

Shares of YTRA traded down $0.02 during trading hours on Thursday, reaching $1.38. The company's stock had a trading volume of 26,997 shares, compared to its average volume of 158,051. The company has a 50 day moving average of $1.56 and a two-hundred day moving average of $1.42. 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 firm has a market cap of $87.09 million, a price-to-earnings ratio of -70.50 and a beta of 1.25. Yatra Online has a 1-year low of $1.07 and a 1-year high of $1.93.

Yatra Online (NASDAQ:YTRA - Get Free Report) last released 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). Yatra Online had a negative net margin of 1.15% and a negative return on equity of 0.30%. The company had revenue of $12.61 million during the quarter, compared to the consensus estimate of $18.72 million. As a group, research analysts predict 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.