Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Increases By 261.1%

Yatra Online, Inc. (NASDAQ:YTRAGet Free Report) was the recipient of a significant growth in short interest during the month of 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. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 310,089 shares, the days-to-cover ratio is currently 0.3 days.

Yatra Online Trading Down 4.9%

NASDAQ:YTRA opened at $0.90 on Friday. The firm has a market capitalization of $55.80 million, a P/E ratio of -22.39 and a beta of 0.71. The company has a fifty day moving average of $0.95 and a 200 day moving average of $1.27. The company has a quick ratio of 2.02, a current ratio of 2.23 and a debt-to-equity ratio of 0.03. Yatra Online has a 52 week low of $0.72 and a 52 week high of $2.00.

Hedge Funds Weigh In On Yatra Online

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in shares of Yatra Online in the 3rd quarter worth approximately $25,000. Quadrature Capital Ltd bought a new stake in Yatra Online in the 4th quarter worth about $36,000. Corsair Capital Management L.P. purchased a new position in Yatra Online in the 4th quarter worth about $36,000. Jane Street Group LLC purchased a new position in Yatra Online in the 4th quarter worth about $60,000. Finally, XTX Topco Ltd purchased a new position in Yatra Online in the 4th quarter worth about $79,000. Hedge funds and other institutional investors own 50.97% of the company’s stock.

Analyst Ratings Changes

YTRA has been the subject of several recent analyst reports. Zacks Research raised Yatra Online from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce”.

View Our Latest Research Report on Yatra Online

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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