Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 19.7% in December
by Teresa Graham · The Cerbat GemYatra Online, Inc. (NASDAQ:YTRA – Get Free Report) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 87,081 shares, a decline of 19.7% from the December 15th total of 108,434 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 165,802 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 165,802 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.
Yatra Online Price Performance
Shares of NASDAQ:YTRA opened at $1.75 on Wednesday. The company’s fifty day moving average is $1.73 and its two-hundred day moving average is $1.48. The company has a market cap of $109.01 million, a P/E ratio of 87.54 and a beta of 0.78. Yatra Online has a 12-month low of $0.58 and a 12-month high of $2.00. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.04.
Wall Street Analysts Forecast Growth
Several analysts recently commented on YTRA shares. Zacks Research lowered shares of Yatra Online from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Wall Street Zen upgraded Yatra Online to a “hold” rating in a research report on Saturday, December 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Yatra Online in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Yatra Online has an average rating of “Hold” and a consensus target price of $3.00.
Read Our Latest Analysis on Yatra Online
Institutional Investors Weigh In On Yatra Online
An institutional investor recently raised its position in Yatra Online stock. Acuitas Investments LLC raised its stake in shares of Yatra Online, Inc. (NASDAQ:YTRA – Free Report) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,671,484 shares of the technology company’s stock after buying an additional 252,141 shares during the period. Yatra Online comprises about 2.4% of Acuitas Investments LLC’s investment portfolio, making the stock its 19th biggest holding. Acuitas Investments LLC owned 4.30% of Yatra Online worth $3,740,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 50.97% of the company’s stock.
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.