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

Yatra Online, Inc. (NASDAQ:YTRA) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 68,100 shares, an increase of 26.1% from the August 15th total of 54,000 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 85,400 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 85,400 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC acquired a new stake in Yatra Online, Inc. (NASDAQ:YTRA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 19,639 shares of the technology company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 50.97% of the company’s stock.

Yatra Online Price Performance

Yatra Online stock opened at $1.54 on Friday. The stock has a market cap of $95.60 million, a price-to-earnings ratio of 154.15 and a beta of 1.14. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.99 and a quick ratio of 1.99. Yatra Online has a 1 year low of $0.58 and a 1 year high of $1.75. The firm has a 50-day moving average of $1.21 and a two-hundred day moving average of $0.96.

Analyst Ratings Changes

A number of analysts have issued reports on YTRA shares. HC Wainwright reiterated a “buy” rating and issued a $3.00 price target on shares of Yatra Online in a report on Tuesday, June 3rd. Zacks Research upgraded shares of Yatra Online to a “hold” rating in a report on Friday, August 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Yatra Online presently 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.