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

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 78,628 shares, a growth of 261.1% from the May 31st total of 21,775 shares. Based on an average daily volume of 310,089 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Yatra Online Price Performance

Yatra Online stock opened at $0.90 on Friday. The stock has a 50-day moving average price of $0.95 and a two-hundred day moving average price of $1.27. 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 has a 12 month low of $0.72 and a 12 month high of $2.00. The company has a market capitalization of $55.80 million, a PE ratio of -22.39 and a beta of 0.71.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday. Zacks Research raised shares of Yatra Online from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Yatra Online has a consensus rating of “Reduce”.

Institutional Trading of Yatra Online

A number of institutional investors have recently bought and sold shares of YTRA. Virtu Financial LLC bought a new stake in Yatra Online in the third quarter worth approximately $25,000. Acuitas Investments LLC increased its stake in Yatra Online by 10.4% in the third quarter. Acuitas Investments LLC now owns 2,671,484 shares of the technology company’s stock valued at $3,740,000 after purchasing an additional 252,141 shares in the last quarter. Simcoe Capital LLC bought a new stake in Yatra Online in the fourth quarter valued at $4,604,000. Goldman Sachs Group Inc. raised its holdings in shares of Yatra Online by 103.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock valued at $93,000 after purchasing an additional 26,510 shares during the period. Finally, Jane Street Group LLC bought a new position in Yatra Online in the fourth quarter worth approximately $60,000. Institutional investors own 50.97% of the company’s stock.

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.