Yatra Online, Inc. (NASDAQ:YTRA) Stock Short Interest Report for October

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 12,411 shares, a decrease of 52.0% from the September 30th total of 25,830 shares. Based on an average daily volume of 19,769 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are short sold.

Yatra Online Price Performance

Shares of Yatra Online stock traded down $0.04 during mid-day trading on Friday, reaching $0.79. 64,661 shares of the stock traded hands, compared to its average volume of 24,066. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.02. Yatra Online has a fifty-two week low of $0.72 and a fifty-two week high of $1.97. The stock has a market capitalization of $50.55 million, a PE ratio of -19.75 and a beta of 0.82. The business has a 50-day moving average of $0.97 and a 200 day moving average of $1.05.

Yatra Online (NASDAQ:YTRA) last posted its earnings results on Wednesday, August 12th. The technology company reported $0.01 EPS for the quarter. Yatra Online had a negative return on equity of 2.32% and a negative net margin of 1.88%. The company had revenue of $19.80 million for the quarter.

Institutional Trading of Yatra Online

An institutional investor recently bought a new stake in Yatra Online stock. Altai Capital Management L.P. acquired a new stake in shares of Yatra Online, Inc. (NASDAQ:YTRA) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,252,708 shares of the technology company’s stock, valued at approximately $3,065,000. Yatra Online comprises about 6.2% of Altai Capital Management L.P.’s investment portfolio, making the stock its 4th largest position. Altai Capital Management L.P. owned 5.08% of Yatra Online at the end of the most recent reporting period. Institutional investors own 50.97% of the company’s stock.

Yatra Online Company Profile

Yatra Online, Inc is an India-focused online travel company that operates the Yatra platform. Through its website and mobile application, the company enables customers to research, compare and book air tickets, hotels, holiday packages, buses, trains, activities and other travel-related services.

The company serves individual travelers as well as corporate customers. Its corporate travel offering, Yatra for Business, provides travel booking and management services for organizations, while its consumer platform offers travel products in India and access to international destinations through airline, hotel and other travel suppliers.

Yatra was founded in 2006 by Dhruv Shringi, Manish Amin and Sabina Chopra and is headquartered in Gurugram, India.