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

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 21,775 shares, a growth of 203.9% from the May 14th total of 7,165 shares. Based on an average trading volume of 43,918 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Yatra Online from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Yatra Online

Hedge funds and other institutional investors have recently bought and sold shares of the company. Simcoe Capital LLC purchased a new position in Yatra Online during the 4th quarter valued at about $4,604,000. Acuitas Investments LLC boosted its holdings in Yatra Online by 10.4% during the 3rd quarter. Acuitas Investments LLC now owns 2,671,484 shares of the technology company’s stock valued at $3,740,000 after acquiring an additional 252,141 shares during the period. XTX Topco Ltd purchased a new position in Yatra Online during the 4th quarter valued at about $79,000. Osaic Holdings Inc. boosted its holdings in Yatra Online by 22,610.3% during the 4th quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock valued at $315,000 after acquiring an additional 176,360 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Yatra Online by 103.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock valued at $93,000 after acquiring an additional 26,510 shares during the period. 50.97% of the stock is currently owned by hedge funds and other institutional investors.

Yatra Online Stock Performance

NASDAQ YTRA opened at $0.84 on Friday. The stock has a market cap of $52.40 million, a PE ratio of -21.03 and a beta of 0.71. The company has a current ratio of 2.23, a quick ratio of 2.02 and a debt-to-equity ratio of 0.03. Yatra Online has a twelve month low of $0.72 and a twelve month high of $2.00. The stock has a fifty day simple moving average of $0.98 and a 200-day simple moving average of $1.32.

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.