Gaia, Inc. (NASDAQ:GAIA) Sees Significant Increase in Short Interest

Gaia, Inc. (NASDAQ:GAIA - Get Free Report) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 46,100 shares, an increase of 429.9% from the January 15th total of 8,700 shares. Based on an average daily volume of 31,400 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Peapod Lane Capital LLC acquired a new position in shares of Gaia during the 4th quarter valued at about $2,804,000. Dimensional Fund Advisors LP increased its position in Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock worth $1,827,000 after purchasing an additional 27,289 shares in the last quarter. Renaissance Technologies LLC increased its position in Gaia by 4.1% during the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock worth $855,000 after purchasing an additional 7,460 shares in the last quarter. Geode Capital Management LLC increased its position in Gaia by 13.9% during the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company's stock worth $872,000 after purchasing an additional 21,870 shares in the last quarter. Finally, Topline Capital Management LLC acquired a new stake in Gaia during the 4th quarter worth approximately $206,000. Institutional investors and hedge funds own 40.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. StockNews.com assumed coverage on shares of Gaia in a report on Sunday. They issued a "buy" rating on the stock. Roth Mkm assumed coverage on shares of Gaia in a report on Tuesday, February 11th. They issued a "buy" rating and a $10.00 target price on the stock. Lake Street Capital upped their target price on shares of Gaia from $6.00 to $7.00 and gave the company a "buy" rating in a report on Tuesday, November 5th. Finally, Roth Capital raised shares of Gaia to a "strong-buy" rating in a research note on Tuesday, February 11th.

Gaia Trading Up 0.8 %

Shares of NASDAQ GAIA traded up $0.04 on Friday, reaching $5.06. 43,083 shares of the company traded hands, compared to its average volume of 36,995. Gaia has a fifty-two week low of $2.78 and a fifty-two week high of $6.53. The company has a 50 day moving average of $5.00 and a 200 day moving average of $5.11. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $118.76 million, a PE ratio of -18.74 and a beta of 0.71.

About Gaia

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.