trivago (NASDAQ:TRVG) Sees Large Increase in Short Interest

trivago (NASDAQ:TRVG) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 180,200 shares, an increase of 42.2% from the February 13th total of 126,700 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 124,700 shares, the days-to-cover ratio is currently 1.4 days.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on trivago in a report on Saturday, February 8th. They set a “strong-buy” rating on the stock. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $2.55.

Institutional Trading of trivago

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

trivago Price Performance

Shares of NASDAQ:TRVG opened at $4.12 on Monday. The company has a market capitalization of $288.14 million, a price-to-earnings ratio of -412.00 and a beta of 1.58. The business’s 50-day moving average is $3.45 and its 200-day moving average is $2.46. trivago has a 1 year low of $1.60 and a 1 year high of $5.03.

trivago (NASDAQ:TRVG) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating 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 anticipate that trivago will post -0.08 EPS for the current 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.