Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Declines By 56.8%

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 30,200 shares, a decrease of 56.8% from the March 31st total of 69,900 shares. Based on an average daily volume of 174,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Yatra Online

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. FinTrust Capital Advisors LLC lifted its holdings in shares of Yatra Online by 31.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 29,420 shares of the technology company’s stock worth $59,000 after acquiring an additional 7,100 shares during the period. Acadian Asset Management LLC bought a new position in shares of Yatra Online during the 3rd quarter worth about $27,000. Finally, Gerber LLC bought a new position in shares of Yatra Online during the 4th quarter worth about $26,000. 50.97% of the stock is owned by institutional investors.

Yatra Online Price Performance

Shares of Yatra Online stock opened at $1.30 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.60 and a quick ratio of 2.60. Yatra Online has a fifty-two week low of $1.23 and a fifty-two week high of $2.67. The firm has a fifty day moving average price of $1.51 and a two-hundred day moving average price of $1.60. The company has a market cap of $82.75 million, a PE ratio of -16.25 and a beta of 1.18.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings data on Wednesday, February 14th. The technology company reported ($0.01) EPS for the quarter. The business had revenue of $13.37 million for the quarter, compared to the consensus estimate of $19.34 million. Yatra Online had a negative return on equity of 2.80% and a negative net margin of 7.22%.

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.