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

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 3,900 shares, a decrease of 80.6% from the January 15th total of 20,100 shares. Based on an average daily volume of 123,800 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, HC Wainwright reduced their price target on Yatra Online from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Wednesday.

Yatra Online Price Performance

YTRA stock traded down $0.04 during trading on Wednesday, reaching $1.00. 117,504 shares of the company were exchanged, compared to its average volume of 147,569. The company has a 50-day moving average of $1.26 and a two-hundred day moving average of $1.41. The company has a market capitalization of $63.11 million, a price-to-earnings ratio of -49.95 and a beta of 1.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.09 and a quick ratio of 2.09. Yatra Online has a twelve month low of $0.98 and a twelve month high of $1.75.

Yatra Online (NASDAQ:YTRA) last posted its earnings results on Tuesday, February 11th. The technology company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Yatra Online had a negative net margin of 1.15% and a negative return on equity of 0.30%. As a group, equities analysts predict that Yatra Online will post 0.05 earnings per share for the current fiscal 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.