Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 38,000 shares, a decline of 44.2% from the August 31st total of 68,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 87,000 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 87,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.
Analyst Ratings Changes
Separately, Zacks Research raised Yatra Online to a "hold" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Yatra Online currently has a consensus rating of "Moderate Buy" and a consensus target price of $3.00.
Get Our Latest Analysis on YTRA
Institutional Investors Weigh In On Yatra Online
An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC acquired a new stake in shares of Yatra Online, Inc. (NASDAQ:YTRA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 and hedge funds.
Yatra Online Trading Up 0.8%
Shares of Yatra Online stock opened at $1.41 on Friday. The firm has a market cap of $87.56 million, a PE ratio of 141.20 and a beta of 1.17. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.03. Yatra Online has a fifty-two week low of $0.58 and a fifty-two week high of $1.75. The business's fifty day moving average is $1.33 and its two-hundred day moving average is $1.01.
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.
Further Reading
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