Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Down 13.9% in February

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 82,509 shares, a decrease of 13.9% from the January 29th total of 95,875 shares. Based on an average daily trading volume, of 129,141 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 129,141 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

A number of analysts have recently weighed in on YTRA shares. Zacks Research cut Yatra Online from a “hold” rating to a “strong sell” rating in a research report on Friday, February 13th. Wall Street Zen raised Yatra Online to a “hold” rating in a research report on Saturday, December 20th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Yatra Online in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $3.00.

Yatra Online Stock Performance

Shares of YTRA stock opened at $1.15 on Thursday. Yatra Online has a 12-month low of $0.58 and a 12-month high of $2.00. The firm has a market capitalization of $71.63 million, a price-to-earnings ratio of -57.50 and a beta of 0.80. The business has a 50 day simple moving average of $1.58 and a 200 day simple moving average of $1.58. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.02 and a quick ratio of 2.02.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of YTRA. Virtu Financial LLC acquired a new stake in Yatra Online in the third quarter worth about $25,000. Quadrature Capital Ltd bought a new stake in shares of Yatra Online during the 4th quarter worth about $36,000. Corsair Capital Management L.P. acquired a new stake in shares of Yatra Online in the 4th quarter worth approximately $36,000. Jane Street Group LLC bought a new position in shares of Yatra Online in the fourth quarter valued at approximately $60,000. Finally, XTX Topco Ltd acquired a new position in shares of Yatra Online during the fourth quarter valued at approximately $79,000. 50.97% of the stock is owned by institutional investors and hedge funds.

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.