Yatra Online, Inc. (NASDAQ:YTRA) Short Interest Update

Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 37,600 shares, a growth of 571.4% from the April 30th total of 5,600 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily volume of 85,200 shares, the short-interest ratio is currently 0.4 days.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a "buy" rating and set a $3.00 price target on shares of Yatra Online in a research note on Wednesday.

Hedge Funds Weigh In On Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC bought a new position in Yatra Online, Inc. (NASDAQ:YTRA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 19,639 shares of the technology company's stock, valued at approximately $25,000. 50.97% of the stock is currently owned by institutional investors.

Yatra Online Stock Up 4.4%

YTRA stock traded up $0.04 during mid-day trading on Friday, reaching $0.95. 243,565 shares of the company traded hands, compared to its average volume of 132,476. The stock has a market cap of $59.96 million, a price-to-earnings ratio of 81.99 and a beta of 0.89. The company has a quick ratio of 2.22, a current ratio of 2.22 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 firm's 50 day moving average price is $0.74 and its 200 day moving average price is $1.02.

Yatra Online (NASDAQ:YTRA - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.04). The company had revenue of $25.66 million for the quarter, compared to analyst estimates of $2.26 billion. Yatra Online had a negative net margin of 0.46% and a positive return on equity of 0.27%. As a group, equities research analysts predict that Yatra Online will post 0.04 EPS for the current fiscal year.

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.