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

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 7,165 shares, a decrease of 82.9% from the April 30th total of 41,970 shares. Based on an average daily trading volume, of 28,812 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new stake in shares of Yatra Online during the 3rd quarter worth $25,000. Corsair Capital Management L.P. acquired a new stake in shares of Yatra Online during the 4th quarter worth $36,000. Quadrature Capital Ltd acquired a new stake in shares of Yatra Online during the 4th quarter worth $36,000. Goldman Sachs Group Inc. increased its holdings in shares of Yatra Online by 103.9% during the 4th 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 during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Yatra Online during the 4th quarter worth $60,000. 50.97% of the stock is currently owned by institutional investors and hedge funds.

Yatra Online Trading Up 7.4%

YTRA traded up $0.07 during trading on Friday, hitting $0.95. The company’s stock had a trading volume of 40,303 shares, compared to its average volume of 33,915. The firm’s 50 day moving average price is $1.01 and its 200-day moving average price is $1.37. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.23 and a quick ratio of 2.02. The stock has a market cap of $59.18 million, a PE ratio of -23.75 and a beta of 0.74. Yatra Online has a twelve month low of $0.86 and a twelve month high of $2.00.

Analyst Ratings Changes

Separately, Zacks Research raised Yatra Online from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $3.00.

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.