trivago (NASDAQ:TRVG) Short Interest Down 32.0% in November

trivago (NASDAQ:TRVG) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 65,300 shares, a decrease of 32.0% from the November 15th total of 96,100 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 58,200 shares, the short-interest ratio is presently 1.1 days.

Analyst Ratings Changes

TRVG has been the topic of several analyst reports. UBS Group lowered their target price on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Susquehanna decreased their price target on trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a report on Thursday, November 7th. Finally, StockNews.com assumed coverage on shares of trivago in a research note on Saturday. They issued a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $2.55.

trivago Stock Up 3.4 %

Shares of trivago stock opened at $2.46 on Friday. The company has a 50-day moving average of $1.87 and a two-hundred day moving average of $1.97. trivago has a 12-month low of $1.60 and a 12-month high of $3.29.

About trivago

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.