Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Decreases By 13.9%

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 82,509 shares, a decrease of 13.9% from the January 29th total of 95,875 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 129,141 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 129,141 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

Analyst Ratings Changes

Several equities research analysts have issued reports on YTRA shares. Zacks Research downgraded shares of Yatra Online from a “hold” rating to a “strong sell” rating in a research note on Friday, February 13th. Wall Street Zen upgraded shares of Yatra Online to a “hold” rating in a report on Saturday, December 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yatra Online in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $3.00.

Yatra Online Price Performance

YTRA opened at $1.09 on Wednesday. Yatra Online has a twelve month low of $0.58 and a twelve month high of $2.00. The firm has a market cap of $67.90 million, a price-to-earnings ratio of -54.50 and a beta of 0.80. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.03. The company has a fifty day simple moving average of $1.59 and a 200 day simple moving average of $1.58.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. increased its holdings in Yatra Online by 22,610.3% during the 4th quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock worth $315,000 after purchasing an additional 176,360 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Yatra Online by 103.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock worth $93,000 after buying an additional 26,510 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Yatra Online in the fourth quarter worth $79,000. Jane Street Group LLC acquired a new stake in Yatra Online in the fourth quarter valued at $60,000. Finally, Quadrature Capital Ltd bought a new position in Yatra Online during the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 50.97% of the company’s stock.

Yatra Online Company Profile

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.