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

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 22,734 shares, a decrease of 47.1% from the February 26th total of 43,009 shares. Based on an average trading volume of 53,258 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

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

Yatra Online Price Performance

Shares of NASDAQ:YTRA opened at $1.05 on Friday. Yatra Online has a one year low of $0.58 and a one year high of $2.00. The stock has a market capitalization of $65.40 million, a price-to-earnings ratio of -52.50 and a beta of 0.80. The company has a 50-day simple moving average of $1.34 and a 200-day simple moving average of $1.53. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.02 and a current ratio of 2.02.

Institutional Trading of Yatra Online

Hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new position in shares of Yatra Online in the 3rd quarter valued at approximately $25,000. Quadrature Capital Ltd purchased a new stake in shares of Yatra Online during the fourth quarter worth approximately $36,000. Corsair Capital Management L.P. acquired a new stake in shares of Yatra Online during the fourth quarter worth $36,000. Jane Street Group LLC acquired a new stake in shares of Yatra Online during the fourth quarter worth $60,000. Finally, XTX Topco Ltd purchased a new position in Yatra Online in the 4th quarter valued at $79,000. 50.97% of the stock is owned by institutional investors and hedge funds.

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.