Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Up 49.0% in March

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 69,900 shares, a growth of 49.0% from the March 15th total of 46,900 shares. Based on an average daily volume of 144,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Yatra Online Price Performance

Shares of NASDAQ YTRA opened at $1.48 on Friday. The firm’s 50-day moving average price is $1.57 and its 200-day moving average price is $1.65. Yatra Online has a 1-year low of $1.39 and a 1-year high of $2.67. The firm has a market capitalization of $94.20 million, a P/E ratio of -18.50 and a beta of 1.18. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.05.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings data on Wednesday, February 14th. The technology company reported ($0.01) earnings per share for the quarter. Yatra Online had a negative net margin of 7.22% and a negative return on equity of 2.80%. The company had revenue of $13.37 million for the quarter, compared to analyst estimates of $19.34 million.

Institutional Investors Weigh In On Yatra Online

Several hedge funds and other institutional investors have recently made changes to their positions in YTRA. IHT Wealth Management LLC bought a new stake in shares of Yatra Online during the first quarter worth about $303,000. UBS Group AG increased its position in shares of Yatra Online by 30,123.7% during the third quarter. UBS Group AG now owns 29,317 shares of the technology company’s stock worth $66,000 after acquiring an additional 29,220 shares in the last quarter. Citadel Advisors LLC increased its position in shares of Yatra Online by 42.8% during the fourth quarter. Citadel Advisors LLC now owns 70,252 shares of the technology company’s stock worth $115,000 after acquiring an additional 21,055 shares in the last quarter. State Street Corp bought a new stake in shares of Yatra Online during the third quarter worth about $43,000. Finally, Prelude Capital Management LLC increased its position in shares of Yatra Online by 23.3% during the second quarter. Prelude Capital Management LLC now owns 97,722 shares of the technology company’s stock worth $220,000 after acquiring an additional 18,446 shares in the last quarter. 50.97% of the stock is owned by institutional investors.

About Yatra Online

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.