Gaia, Inc. (NASDAQ:GAIA) Short Interest Up 116.9% in February

Gaia, Inc. (NASDAQ:GAIA - Get Free Report) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 100,000 shares, a growth of 116.9% from the January 31st total of 46,100 shares. Based on an average daily volume of 34,700 shares, the short-interest ratio is currently 2.9 days.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on GAIA. Roth Capital upgraded shares of Gaia to a "strong-buy" rating in a research report on Tuesday, February 11th. Roth Mkm began coverage on shares of Gaia in a research report on Tuesday, February 11th. They issued a "buy" rating and a $10.00 price objective for the company. Lake Street Capital upped their price objective on shares of Gaia from $6.00 to $7.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Finally, StockNews.com assumed coverage on shares of Gaia in a research report on Tuesday. They set a "buy" rating for the company.

Gaia Price Performance

Shares of GAIA traded up $0.14 during mid-day trading on Wednesday, hitting $4.42. 19,243 shares of the company were exchanged, compared to its average volume of 31,980. Gaia has a 1-year low of $2.85 and a 1-year high of $6.53. The stock has a market cap of $103.72 million, a price-to-earnings ratio of -16.37 and a beta of 0.71. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The company has a 50 day moving average of $4.90 and a 200-day moving average of $5.14.

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Institutional Trading of Gaia

Several large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in Gaia by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company's stock valued at $5,006,000 after acquiring an additional 3,124 shares in the last quarter. Topline Capital Management LLC purchased a new stake in Gaia during the 4th quarter valued at about $206,000. Dimensional Fund Advisors LP grew its stake in Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock valued at $1,827,000 after acquiring an additional 27,289 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Gaia by 4.1% in the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock valued at $855,000 after buying an additional 7,460 shares during the period. Finally, Peapod Lane Capital LLC purchased a new stake in shares of Gaia in the 4th quarter valued at approximately $2,804,000. Hedge funds and other institutional investors own 40.53% of the company's stock.

Gaia Company Profile

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.