trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVG) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 70,300 shares, an increase of 24.4% from the January 15th total of 56,500 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 109,900 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On trivago

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft acquired a new position in trivago (NASDAQ:TRVG) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 0.41% of trivago at the end of the most recent reporting period. 4.50% of the stock is currently owned by institutional investors and hedge funds.

trivago Price Performance

Shares of NASDAQ:TRVG opened at $4.21 on Friday. The stock’s 50-day moving average price is $2.67 and its two-hundred day moving average price is $2.15. trivago has a 12-month low of $1.60 and a 12-month high of $5.03.

trivago (NASDAQ:TRVG) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. Analysts expect that trivago will post -0.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TRVG shares. Susquehanna decreased their price objective on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. StockNews.com started coverage on trivago in a research note on Saturday, February 8th. They set a “strong-buy” rating on the stock. Finally, UBS Group decreased their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $2.55.

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.