Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Rises By 23.9%

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 59,100 shares, an increase of 23.9% from the December 15th total of 47,700 shares. Based on an average daily trading volume, of 103,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and issued a $4.00 price objective on shares of Yatra Online in a research report on Thursday, November 14th.

Yatra Online Stock Down 1.6 %

Shares of NASDAQ:YTRA opened at $1.21 on Friday. The company has a market capitalization of $76.37 million, a price-to-earnings ratio of -60.50 and a beta of 1.30. Yatra Online has a 12-month low of $1.07 and a 12-month high of $1.93. The business has a 50-day moving average price of $1.34 and a 200 day moving average price of $1.41. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.03.

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.