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

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 43,950 shares, a decline of 44.1% from the June 15th total of 78,628 shares. Based on an average trading volume of 44,183 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the shares of the stock are sold short.

Analyst Ratings Changes

A number of analysts recently commented on YTRA shares. Zacks Research upgraded Yatra Online from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Yatra Online Trading Down 2.1%

Shares of YTRA opened at $0.88 on Friday. Yatra Online has a twelve month low of $0.72 and a twelve month high of $2.00. The firm has a market capitalization of $54.89 million, a P/E ratio of -22.03 and a beta of 0.71. The company has a current ratio of 2.23, a quick ratio of 2.02 and a debt-to-equity ratio of 0.03. The stock’s fifty day simple moving average is $0.91 and its 200 day simple moving average is $1.18.

Institutional Investors Weigh In On Yatra Online

A number of large investors have recently modified their holdings of YTRA. Acuitas Investments LLC raised its stake in shares of Yatra Online by 10.4% during the third quarter. Acuitas Investments LLC now owns 2,671,484 shares of the technology company’s stock valued at $3,740,000 after purchasing an additional 252,141 shares during the period. Simcoe Capital LLC acquired a new stake in shares of Yatra Online during the fourth quarter valued at about $4,604,000. Osaic Holdings Inc. increased its position in shares of Yatra Online by 22,610.3% during the fourth quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock worth $315,000 after acquiring an additional 176,360 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Yatra Online by 103.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock valued at $93,000 after purchasing an additional 26,510 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Yatra Online during the 4th quarter valued at approximately $79,000. Institutional investors and hedge funds own 50.97% of the company’s stock.

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. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.