Short Interest in Yatra Online, Inc. (NASDAQ:YTRA) Decreases By 66.0%

Yatra Online, Inc. (NASDAQ:YTRA) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 20,100 shares, a decline of 66.0% from the December 31st total of 59,100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 113,400 shares, the short-interest ratio is presently 0.2 days.

Yatra Online Price Performance

Yatra Online stock traded up $0.02 during midday trading on Thursday, hitting $1.18. 55,674 shares of the company’s stock were exchanged, compared to its average volume of 149,638. The stock has a 50-day moving average price of $1.30 and a two-hundred day moving average price of $1.41. Yatra Online has a 52-week low of $1.07 and a 52-week high of $1.75. The company has a market cap of $74.15 million, a P/E ratio of -58.75 and a beta of 1.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.09.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $4.00 price target on shares of Yatra Online in a report on Thursday, November 14th.

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.