Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 19.7% in December

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 87,081 shares, a decrease of 19.7% from the December 15th total of 108,434 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 165,802 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 165,802 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

Yatra Online Trading Up 1.2%

YTRA opened at $1.70 on Monday. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.04. Yatra Online has a 52 week low of $0.58 and a 52 week high of $2.00. The business’s 50 day moving average is $1.73 and its two-hundred day moving average is $1.47. The firm has a market cap of $105.89 million, a price-to-earnings ratio of 85.04 and a beta of 0.78.

Institutional Trading of Yatra Online

A hedge fund recently raised its stake in Yatra Online stock. Acuitas Investments LLC boosted its holdings in shares of Yatra Online, Inc. (NASDAQ:YTRA) by 10.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,671,484 shares of the technology company’s stock after purchasing an additional 252,141 shares during the period. Yatra Online makes up 2.4% of Acuitas Investments LLC’s investment portfolio, making the stock its 19th largest holding. Acuitas Investments LLC owned about 4.30% of Yatra Online worth $3,740,000 as of its most recent SEC filing. 50.97% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Yatra Online to a “hold” rating in a research report on Saturday, December 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Yatra Online in a research note on Monday, December 29th. Finally, Zacks Research downgraded shares of Yatra Online from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus 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. 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.