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

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 43,950 shares, a decline of 44.1% from the June 15th total of 78,628 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 44,183 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Zacks Research upgraded shares of Yatra Online from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

Hedge Funds Weigh In On Yatra Online

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC bought a new position in Yatra Online during the third quarter valued at about $25,000. Quadrature Capital Ltd bought a new stake in Yatra Online in the fourth quarter worth about $36,000. Corsair Capital Management L.P. bought a new stake in Yatra Online in the fourth quarter worth about $36,000. Jane Street Group LLC purchased a new position in Yatra Online in the fourth quarter valued at about $60,000. Finally, XTX Topco Ltd purchased a new position in Yatra Online in the fourth quarter valued at about $79,000. 50.97% of the stock is owned by hedge funds and other institutional investors.

Yatra Online Stock Performance

Shares of YTRA opened at $0.86 on Friday. The stock has a 50 day moving average of $0.91 and a 200 day moving average of $1.18. The company has a market capitalization of $53.63 million, a price-to-earnings ratio of -21.52 and a beta of 0.71. Yatra Online has a 12 month low of $0.72 and a 12 month high of $2.00. The company has a current ratio of 2.23, a quick ratio of 2.02 and a debt-to-equity ratio of 0.03.

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. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.