Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Drops By 32.5%

Yatra Online, Inc. (NASDAQ:YTRA) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 28,400 shares, a drop of 32.5% from the October 15th total of 42,100 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 148,300 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

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

Yatra Online Price Performance

YTRA opened at $1.40 on Thursday. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. Yatra Online has a 12-month low of $1.07 and a 12-month high of $1.93. The business’s fifty day simple moving average is $1.57 and its 200-day simple moving average is $1.43. The company has a market capitalization of $88.36 million, a price-to-earnings ratio of -69.87 and a beta of 1.25.

Yatra Online (NASDAQ:YTRA) last announced its earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $12.61 million for the quarter, compared to analyst estimates of $18.72 million. Yatra Online had a negative return on equity of 0.30% and a negative net margin of 1.15%. On average, equities research analysts anticipate that Yatra Online will post 0.02 earnings per share for the current fiscal 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.