Short Interest in Yatra Online Inc (NASDAQ:YTRA) Rises By 8.2%
Yatra Online Inc (NASDAQ:YTRA) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 583,800 shares, an increase of 8.2% from the September 15th total of 539,400 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 189,700 shares, the days-to-cover ratio is currently 3.1 days.
YTRA has been the topic of a number of analyst reports. ValuEngine upgraded shares of Yatra Online from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Zacks Investment Research reiterated a “buy” rating and set a $4.50 target price on shares of Yatra Online in a report on Saturday, October 12th.
YTRA stock opened at $4.20 on Friday. The firm has a market cap of $194.77 m ...