Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Up 1,830.8% in February

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 75,300 shares, an increase of 1,830.8% from the January 31st total of 3,900 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 129,000 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, HC Wainwright decreased their price objective on Yatra Online from $4.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, February 12th.

Yatra Online Stock Performance

Shares of NASDAQ YTRA opened at $0.99 on Friday. The stock has a 50 day moving average price of $1.16 and a 200 day moving average price of $1.37. Yatra Online has a 52 week low of $0.96 and a 52 week high of $1.75. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.22 and a current ratio of 2.22. The stock has a market capitalization of $62.77 million, a PE ratio of 101.00 and a beta of 1.30.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Yatra Online had a negative net margin of 0.46% and a positive return on equity of 0.27%. Analysts predict that Yatra Online will post 0.04 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC purchased a new stake in shares of Yatra Online, Inc. (NASDAQ:YTRA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,639 shares of the technology company’s stock, valued at approximately $25,000. 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.