Gaia, Inc. (NASDAQ:GAIA - Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 40,300 shares, an increase of 8.9% from the September 15th total of 37,000 shares. Based on an average daily trading volume, of 29,000 shares, the short-interest ratio is currently 1.4 days.
Hedge Funds Weigh In On Gaia
An institutional investor recently raised its position in Gaia stock. Dimensional Fund Advisors LP lifted its position in shares of Gaia, Inc. (NASDAQ:GAIA - Free Report) by 4.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 338,638 shares of the company's stock after purchasing an additional 13,865 shares during the period. Dimensional Fund Advisors LP owned 1.44% of Gaia worth $1,493,000 as of its most recent filing with the Securities and Exchange Commission. 40.53% of the stock is currently owned by institutional investors.
Gaia Stock Performance
Shares of GAIA traded up $0.02 during mid-day trading on Thursday, reaching $5.31. The company's stock had a trading volume of 5,460 shares, compared to its average volume of 31,653. Gaia has a 1-year low of $2.35 and a 1-year high of $5.51. The stock has a market cap of $124.50 million, a P/E ratio of -22.13 and a beta of 0.63. The business has a 50-day simple moving average of $4.74 and a two-hundred day simple moving average of $4.48. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.06.
Gaia (NASDAQ:GAIA - Get Free Report) last released its quarterly earnings data on Monday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.04). Gaia had a negative net margin of 6.68% and a negative return on equity of 6.37%. The business had revenue of $22.08 million during the quarter.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on Gaia in a research report on Friday, September 6th. They issued a "hold" rating for the company.
Read Our Latest Stock Analysis on GAIA
Gaia Company Profile
(
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Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.
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