Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 67,700 shares, a growth of 80.1% from the May 15th total of 37,600 shares. Approximately 0.2% of the company's shares are short sold. Based on an average daily volume of 85,800 shares, the short-interest ratio is presently 0.8 days.
Institutional Investors Weigh In On Yatra Online
A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC acquired a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,639 shares of the technology company's stock, valued at approximately $25,000. Institutional investors own 50.97% of the company's stock.
Yatra Online Trading Up 0.0%
YTRA stock traded up $0.00 on Friday, hitting $0.97. 36,042 shares of the company were exchanged, compared to its average volume of 117,639. Yatra Online has a twelve month low of $0.58 and a twelve month high of $1.75. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.22 and a quick ratio of 2.22. The business's fifty day moving average is $0.78 and its two-hundred day moving average is $0.99. The stock has a market capitalization of $61.11 million, a price-to-earnings ratio of -96.83 and a beta of 1.06.
Yatra Online (NASDAQ:YTRA - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.04). Yatra Online had a positive return on equity of 0.27% and a negative net margin of 0.46%. The business had revenue of $25.66 million during the quarter, compared to analyst estimates of $2.26 billion. As a group, research analysts forecast that Yatra Online will post 0.04 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, HC Wainwright reaffirmed a "buy" rating and set a $3.00 price target on shares of Yatra Online in a research report on Tuesday, June 3rd.
Check Out Our Latest Report on Yatra Online
About Yatra Online
(
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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.
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