Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Up 203.9% in May

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 21,775 shares, an increase 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 presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Yatra Online from a “strong sell” rating to a “hold” rating in a research 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 company. According to MarketBeat, Yatra Online has an average rating of “Reduce”.

Yatra Online Stock Down 5.9%

Shares of Yatra Online stock traded down $0.05 during trading on Friday, reaching $0.84. The company had a trading volume of 175,001 shares, compared to its average volume of 197,430. The company has a market cap of $52.40 million, a price-to-earnings ratio of -21.03 and a beta of 0.71. The firm’s fifty day moving average is $0.98 and its 200-day moving average is $1.32. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.02 and a current ratio of 2.23. Yatra Online has a fifty-two week low of $0.72 and a fifty-two week high of $2.00.

Institutional Investors Weigh In On Yatra Online

A number of institutional investors have recently modified their holdings of YTRA. Virtu Financial LLC bought a new stake in shares of Yatra Online during the 3rd quarter valued at about $25,000. Acuitas Investments LLC grew its position in shares of 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 buying an additional 252,141 shares during the last quarter. Simcoe Capital LLC bought a new stake in shares of Yatra Online during the 4th quarter valued at about $4,604,000. Goldman Sachs Group Inc. grew its position in shares of 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 buying an additional 26,510 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Yatra Online during the 4th quarter valued at about $60,000. 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.