Short Interest in trivago (NASDAQ:TRVG) Grows By 80.2%

trivago (NASDAQ:TRVG) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 126,700 shares, an increase of 80.2% from the January 31st total of 70,300 shares. Based on an average daily trading volume, of 124,400 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.6% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TRVG. StockNews.com began coverage on shares of trivago in a research note on Saturday, February 8th. They issued a “strong-buy” rating on the stock. Susquehanna decreased their target price on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Three 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2.55.

Institutional Trading of trivago

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft purchased a new stake in trivago (NASDAQ:TRVG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned approximately 0.41% of trivago as of its most recent SEC filing. Institutional investors and hedge funds own 4.50% of the company’s stock.

trivago Stock Up 4.9 %

NASDAQ:TRVG opened at $4.47 on Tuesday. The stock has a market cap of $312.61 million, a P/E ratio of -447.00 and a beta of 1.76. The firm’s fifty day simple moving average is $3.08 and its 200 day simple moving average is $2.32. trivago has a twelve month low of $1.60 and a twelve month high of $5.03.

trivago (NASDAQ:TRVG) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate 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, analysts expect that trivago will post -0.08 EPS for the current fiscal year.

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.