Yatra Online, Inc. (NASDAQ:YTRA) Sees Large Increase in Short Interest

Yatra Online, Inc. (NASDAQ:YTRAGet Free Report) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 21,775 shares, a growth of 203.9% from the May 14th total of 7,165 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 43,918 shares, the short-interest ratio is presently 0.5 days.

Yatra Online Stock Performance

Shares of NASDAQ YTRA opened at $0.89 on Friday. 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 stock has a 50 day moving average of $0.99 and a 200-day moving average of $1.33. The company has a market capitalization of $55.66 million, a P/E ratio of -22.34 and a beta of 0.71.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in YTRA. Acuitas Investments LLC lifted its stake in shares of Yatra Online by 10.4% during the 3rd quarter. Acuitas Investments LLC now owns 2,671,484 shares of the technology company’s stock worth $3,740,000 after buying an additional 252,141 shares during the last quarter. Simcoe Capital LLC acquired a new stake in shares of Yatra Online during the 4th quarter worth about $4,604,000. Osaic Holdings Inc. lifted its stake in shares of Yatra Online by 22,610.3% during the 4th quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock worth $315,000 after buying an additional 176,360 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Yatra Online by 103.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock worth $93,000 after buying an additional 26,510 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Yatra Online during the 4th quarter worth about $79,000. 50.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Yatra Online from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce”.

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About Yatra Online

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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.

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