trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVG) was the target of a large increase in short interest in 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 shares of the company are sold short. Based on an average daily trading volume, of 130,800 shares, the short-interest ratio is currently 2.0 days.

Institutional Investors Weigh In On trivago

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

Wall Street Analysts Forecast Growth

TRVG has been the topic of a number of analyst reports. Citigroup lifted their price target on trivago from $2.60 to $4.50 and gave the company a “neutral” rating in a research note on Monday, March 17th. StockNews.com assumed coverage on shares of trivago in a report on Saturday, February 8th. They set a “strong-buy” rating on the stock. Four 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 data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $2.94.

trivago Stock Down 6.3 %

NASDAQ:TRVG opened at $4.73 on Monday. The company has a market capitalization of $330.80 million, a PE ratio of -473.00 and a beta of 1.58. trivago has a 52-week low of $1.60 and a 52-week high of $5.45. The stock has a fifty day simple moving average of $3.93 and a 200-day simple moving average of $2.67.

trivago (NASDAQ:TRVG) last announced its 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 negative net margin of 5.20% and a positive return on equity of 0.09%. As a group, equities analysts anticipate that trivago will post -0.08 earnings per share for the current year.

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.