Yatra Online, Inc. (NASDAQ:YTRA – Get Rating) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 57,000 shares, a decrease of 40.3% from the March 31st total of 95,500 shares. Based on an average daily volume of 59,000 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s stock are short sold.
Yatra Online Trading Up 1.5 %
YTRA opened at $2.07 on Thursday. Yatra Online has a 12-month low of $1.32 and a 12-month high of $3.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $129.56 million, a PE ratio of -29.57 and a beta of 1.46. The firm’s fifty day moving average price is $2.09 and its 200 day moving average price is $2.28.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of Yatra Online in a report on Wednesday, March 29th.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Prelude Capital Management LLC lifted its stake in Yatra Online by 23.3% during the second quarter. Prelude Capital Management LLC now owns 97,722 shares of the technology company’s stock worth $220,000 after purchasing an additional 18,446 shares during the last quarter. FinTrust Capital Advisors LLC boosted its holdings in shares of Yatra Online by 117.7% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 21,114 shares of the technology company’s stock valued at $48,000 after buying an additional 11,414 shares during the period. UBS Group AG grew its position in shares of Yatra Online by 30,123.7% during the 3rd quarter. UBS Group AG now owns 29,317 shares of the technology company’s stock valued at $66,000 after buying an additional 29,220 shares during the last quarter. Letko Brosseau & Associates Inc. raised its stake in Yatra Online by 2.3% during the third quarter. Letko Brosseau & Associates Inc. now owns 2,188,020 shares of the technology company’s stock worth $4,879,000 after acquiring an additional 50,000 shares during the period. Finally, Mak Capital One LLC lifted its holdings in Yatra Online by 0.4% in the third 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 during the last quarter. Institutional investors own 51.12% of the company’s stock.
About Yatra Online
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.