trivago (NASDAQ:TRVG) Short Interest Up 42.2% in February
trivago (NASDAQ:TRVG – Get Free Report) saw a large increase in short interest during the month of 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. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 124,700 shares, the short-interest ratio is presently 1.4 days.
An institutional investor recently bought a new position in trivago stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of trivago (NASDAQ:TRVG – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 288,236 shares of the technology company’s stock, valued at approximately $628,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.41% of trivago at the end of the most recent reporting period. 4.50% of the stock is owned by institutional investors.
Shares of trivago stock opened at $4.12 on Friday. The company has a fifty day simple moving average of $3.45 and a 200-day simple moving average of $2.46. trivago has a 12-month low of $1.60 and a 12-month high of $5.03. The stock has a market cap of $288.14 million, a price-to-earnings ratio of -412.00 and a beta of 1.58.
trivago (NASDAQ:TRVG – Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share 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%. On average, analysts forecast that trivago will post -0.08 earnings per share for the current fiscal year.
Separately, StockNews.com started coverage on shares of trivago in a research report on Saturday, February 8th. They issued a “strong-buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $2.55.
Get Our Latest Analysis on TRVG
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.
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