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

Yatra Online, Inc. (NASDAQ:YTRA) was the recipient of a significant 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. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 174,500 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Yatra Online

Several hedge funds have recently added to or reduced their stakes in the stock. Gerber LLC acquired a new position in Yatra Online in the fourth quarter valued at about $26,000. Acadian Asset Management LLC bought a new stake in shares of Yatra Online in the third quarter worth about $27,000. Finally, FinTrust Capital Advisors LLC increased its holdings in shares of Yatra Online by 31.8% in the third 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 in the last quarter. Institutional investors and hedge funds own 50.97% of the company’s stock.

Yatra Online Trading Up 4.0 %

NASDAQ:YTRA opened at $1.30 on Friday. Yatra Online has a 1-year low of $1.23 and a 1-year high of $2.67. The business’s 50-day moving average price is $1.51 and its two-hundred day moving average price is $1.59. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $82.75 million, a price-to-earnings ratio of -16.25 and a beta of 1.18.

Yatra Online (NASDAQ:YTRA) last released its earnings results on Wednesday, February 14th. The technology company reported ($0.01) earnings per share for the quarter. Yatra Online had a negative net margin of 7.22% and a negative return on equity of 2.80%. The company had revenue of $13.37 million during the quarter, compared to analyst estimates of $19.34 million.

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.