Yatra Online, Inc. (NASDAQ:YTRA) Brief Interest Update
Yatra Online, Inc. (NASDAQ:YTRA – Get Rating) was the beneficiary of a sharp drop in short-term interest in April. As of April 15, there was short interest totaling 64,500 shares, down 34.1% from the March 31 total of 97,900 shares. Based on an average daily volume of 129,400 shares, the short interest ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are sold short.
Institutional investors and hedge funds have recently changed their holdings in the company. Goldman Sachs Group Inc. acquired a new stake in Yatra Online during the 4th quarter at a value of $7,835,000. Acuitas Investments LLC increased its stake in Yatra Online shares by 25.3% in Q4. Acuitas Investments LLC now owns 2,001,760 shares of the technology company valued at $3,463,000 after purchasing an additional 404,740 shares during the period. Potomac Capital Management Inc. increased its position in Yatra Online shares by 1.2% in the first quarter. Potomac Capital Management Inc. now owns 788,488 shares of the technology company valued at $1,561,000 after acquiring 9,388 additional shares in the last quarter. Millennium Management LLC increased its position in Yatra Online shares by 41.3% in the third quarter. Millennium Management LLC now owns 134,426 shares of the technology company valued at $272,000 after acquiring 39,319 additional shares in the last quarter. Finally, Morgan Stanley increased its stake in Yatra Online by 45.2% during the second quarter. Morgan Stanley now owns 106,952 shares of the technology company worth $242,000 after buying 33,302 additional shares during the period. 53.64% of the shares are held by institutional investors and hedge funds.
YTRA stock opened at $1.74 on Friday. The company has a market capitalization of $108.11 million, a price-earnings ratio of -8.29 and a beta of 1.75. Yatra Online has a 12 month minimum of $1.38 and a 12 month maximum of $2.69. The company has a quick ratio of 1.10, a current ratio of 1.10 and a leverage ratio of 0.25. The company has a 50-day moving average of $1.69 and a 200-day moving average of $1.85.
Yatra Online (NASDAQ:YTRA – Get Rating) last released its quarterly results on Friday, April 1. The technology company reported ($0.01) earnings per share (EPS) for the quarter. Yatra Online had a negative return on equity of 57.21% and a negative net margin of 50.61%. The company posted revenue of $13.95 million for the quarter. On average, research analysts expect Yatra Online to post -0.06 EPS for the current year.
About Yatra Online (Get an assessment)
Yatra Online, Inc operates as an online travel agency in India and internationally. It operates through Airline Ticketing, Hotels and Packages segments. The Company provides travel-related services, including domestic and international air ticketing, hotel reservations, homestays, vacation packages, bus ticketing, rail ticketing, taxi reservations and services. auxiliaries for leisure and business travellers.
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