Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 47.9% in February

Yatra Online, Inc. (NASDAQ:YTRA) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 43,009 shares, a decline of 47.9% from the February 12th total of 82,509 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 88,573 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 88,573 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of YTRA. Virtu Financial LLC acquired a new position in shares of Yatra Online in the third quarter valued at approximately $25,000. Quadrature Capital Ltd acquired a new stake in shares of Yatra Online during the fourth quarter worth $36,000. Corsair Capital Management L.P. bought a new stake in Yatra Online in the 4th quarter valued at $36,000. Jane Street Group LLC bought a new stake in Yatra Online in the 4th quarter valued at $60,000. Finally, XTX Topco Ltd acquired a new position in Yatra Online in the 4th quarter worth $79,000. Institutional investors own 50.97% of the company’s stock.

Yatra Online Trading Down 1.9%

NASDAQ:YTRA opened at $1.04 on Thursday. Yatra Online has a fifty-two week low of $0.58 and a fifty-two week high of $2.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.02 and a quick ratio of 2.02. The stock has a market capitalization of $64.78 million, a PE ratio of -52.00 and a beta of 0.80. The business’s 50-day simple moving average is $1.51 and its 200-day simple moving average is $1.57.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Yatra Online in a research note on Monday, December 29th. Wall Street Zen raised shares of Yatra Online to a “hold” rating in a research note on Saturday, December 20th. Finally, Zacks Research lowered shares of Yatra Online from a “hold” rating to a “strong sell” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price 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.