Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Up 440.0% in August

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 54,000 shares, agrowthof440.0% from the July 31st total of 10,000 shares. Currently,0.1% of the shares of the stock are sold short. Based on an average trading volume of 89,500 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 89,500 shares, the short-interest ratio is currently 0.6 days. Currently,0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC acquired a new position in Yatra Online, Inc. (NASDAQ:YTRA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 19,639 shares of the technology company’s stock, valued at approximately $25,000. 50.97% of the stock is currently owned by institutional investors and hedge funds.

Yatra Online Price Performance

YTRA stock opened at $1.45 on Wednesday. The firm’s 50-day moving average price is $1.08 and its two-hundred day moving average price is $0.92. Yatra Online has a 12-month low of $0.58 and a 12-month high of $1.75. The stock has a market capitalization of $90.02 million, a price-to-earnings ratio of 145.15 and a beta of 1.14. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.03.

Analyst Ratings Changes

Several research firms recently issued reports on YTRA. Zacks Research upgraded shares of Yatra Online to a “hold” rating in a research report on Friday, August 8th. HC Wainwright restated a “buy” rating and set a $3.00 price objective on shares of Yatra Online in a research report on Tuesday, June 3rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $3.00.

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.