Yatra Online, Inc. (NASDAQ:YTRA – Get Rating) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 81,600 shares, a drop of 38.6% from the January 31st total of 132,900 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 96,300 shares, the short-interest ratio is currently 0.8 days.
Institutional Trading of Yatra Online
A number of hedge funds have recently bought and sold shares of the business. Morgan Stanley grew its position in shares of Yatra Online by 26.7% in the fourth quarter. Morgan Stanley now owns 59,250 shares of the technology company’s stock valued at $143,000 after purchasing an additional 12,500 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Yatra Online by 104.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 31,775 shares of the technology company’s stock valued at $76,000 after purchasing an additional 16,250 shares during the last quarter. State Street Corp bought a new position in Yatra Online during the 3rd quarter valued at approximately $43,000. Think Investments LP bought a new position in Yatra Online during the 3rd quarter valued at approximately $3,122,000. Finally, Mak Capital One LLC raised its position in shares of Yatra Online by 0.4% in the 3rd quarter. Mak Capital One LLC now owns 12,170,301 shares of the technology company’s stock worth $27,140,000 after acquiring an additional 54,422 shares in the last quarter. 51.12% of the stock is currently owned by institutional investors.
Yatra Online Trading Down 3.5 %
Shares of Yatra Online stock opened at $2.21 on Wednesday. The stock has a market capitalization of $138.32 million, a PE ratio of -36.83 and a beta of 1.43. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.01 and a current ratio of 1.01. Yatra Online has a 52 week low of $1.32 and a 52 week high of $3.00. The stock has a 50 day moving average price of $2.36 and a two-hundred day moving average price of $2.45.
Yatra Online Company Profile
Yatra Online, Inc engages in the business of selling travel products and solutions. It operates through the following segments: Air Ticketing, Hotels & Packages, and Others. The Air Ticketing segment through an Internet, mobile based platform, and call-centers, provides the facility to book and service international and domestic air tickets to ultimate customers.