trivago (NASDAQ:TRVG) Short Interest Up 43.1% in March

trivago (NASDAQ:TRVG) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 257,900 shares, an increase of 43.1% from the February 28th total of 180,200 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily volume of 130,800 shares, the short-interest ratio is presently 2.0 days.

trivago Trading Down 13.3 %

trivago stock opened at $4.10 on Tuesday. trivago has a 12 month low of $1.60 and a 12 month high of $5.45. The company has a market capitalization of $286.74 million, a price-to-earnings ratio of -410.00 and a beta of 1.58. The business’s fifty day simple moving average is $3.96 and its two-hundred day simple moving average is $2.68.

trivago (NASDAQ:TRVG) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. On average, equities research analysts predict that trivago will post -0.08 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. StockNews.com initiated coverage on shares of trivago in a report on Saturday, February 8th. They issued a “strong-buy” rating for the company. Citigroup raised their target price on trivago from $2.60 to $4.50 and gave the company a “neutral” rating in a research note on Monday, March 17th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2.94.

Hedge Funds Weigh In On trivago

A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft purchased a new position in trivago (NASDAQ:TRVG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned about 0.41% of trivago at the end of the most recent reporting period. 4.50% of the stock is owned by institutional investors and hedge funds.

trivago Company Profile

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.