Yatra Online, Inc. (NASDAQ:YTRA) Stock Short Interest Report for October

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 12,411 shares, a decrease of 52.0% from the September 30th total of 25,830 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 19,769 shares, the days-to-cover ratio is currently 0.6 days.

Yatra Online Trading Down 9.1%

NASDAQ YTRA opened at $0.83 on Friday. Yatra Online has a twelve month low of $0.72 and a twelve month high of $1.97. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.24 and a current ratio of 2.24. The stock has a market cap of $52.91 million, a price-to-earnings ratio of -20.67 and a beta of 0.82. The firm’s 50 day moving average price is $0.97 and its two-hundred day moving average price is $1.06.

Yatra Online (NASDAQ:YTRA) last released its earnings results on Wednesday, August 12th. The technology company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $19.80 million during the quarter. Yatra Online had a negative return on equity of 2.32% and a negative net margin of 1.88%.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Yatra Online stock. Altai Capital Management L.P. purchased a new position in Yatra Online, Inc. (NASDAQ:YTRA) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,252,708 shares of the technology company’s stock, valued at approximately $3,065,000. Yatra Online comprises 6.2% of Altai Capital Management L.P.’s portfolio, making the stock its 4th biggest holding. Altai Capital Management L.P. owned approximately 5.08% of Yatra Online as of its most recent filing with the Securities & Exchange Commission. 50.97% of the stock is owned by hedge funds and other institutional investors.

About Yatra Online

Yatra Online, Inc is an India-focused online travel company that operates the Yatra platform. Through its website and mobile application, the company enables customers to research, compare and book air tickets, hotels, holiday packages, buses, trains, activities and other travel-related services.

The company serves individual travelers as well as corporate customers. Its corporate travel offering, Yatra for Business, provides travel booking and management services for organizations, while its consumer platform offers travel products in India and access to international destinations through airline, hotel and other travel suppliers.

Yatra was founded in 2006 by Dhruv Shringi, Manish Amin and Sabina Chopra and is headquartered in Gurugram, India.