Yatra Online, Inc. (NASDAQ:YTRA) Sees Significant Growth in Short Interest

Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 67,700 shares, an increase of 80.1% from the May 15th total of 37,600 shares. Based on an average daily trading volume, of 85,800 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the company's stock are short sold.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reaffirmed a "buy" rating and set a $3.00 price objective on shares of Yatra Online in a research report on Tuesday, June 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC acquired a new stake in Yatra Online, Inc. (NASDAQ:YTRA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,639 shares of the technology company's stock, valued at approximately $25,000. 50.97% of the stock is owned by institutional investors.

Yatra Online Stock Up 4.1%

NASDAQ YTRA traded up $0.04 during trading hours on Tuesday, hitting $1.02. 116,655 shares of the company were exchanged, compared to its average volume of 117,262. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.03. The firm has a market cap of $64.37 million, a price-to-earnings ratio of -102.00 and a beta of 1.06. The company has a 50 day moving average of $0.79 and a two-hundred day moving average of $0.99. Yatra Online has a 52-week low of $0.58 and a 52-week high of $1.75.

Yatra Online (NASDAQ:YTRA - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The technology company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.04). Yatra Online had a negative return on equity of 1.38% and a negative net margin of 1.34%. The company had revenue of $25.66 million for the quarter, compared to analyst estimates of $2.26 billion. Equities research analysts anticipate that Yatra Online will post 0.04 earnings per share for the current year.

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.