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

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 42,100 shares, a decrease of 15.3% from the September 30th total of 49,700 shares. Based on an average daily trading volume, of 157,700 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and issued a $4.00 price objective on shares of Yatra Online in a report on Tuesday, September 3rd.

Yatra Online Stock Performance

NASDAQ:YTRA opened at $1.38 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.41. Yatra Online has a fifty-two week low of $1.07 and a fifty-two week high of $1.93. The firm has a market cap of $87.83 million, a PE ratio of -19.71 and a beta of 1.23. The business has a 50 day moving average price of $1.58 and a 200-day moving average price of $1.43.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Yatra Online had a negative net margin of 7.62% and a negative return on equity of 1.31%. The business had revenue of $12.61 million during the quarter, compared to analysts’ expectations of $18.72 million. Equities research analysts predict that Yatra Online will post 0.02 earnings per share for the current year.

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.