Short Interest in trivago (NASDAQ:TRVG) Declines By 32.0%

trivago (NASDAQ:TRVG - Get Free Report) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 65,300 shares, a decline of 32.0% from the November 15th total of 96,100 shares. Approximately 0.3% of the company's shares are short sold. Based on an average trading volume of 58,200 shares, the short-interest ratio is currently 1.1 days.

Wall Street Analyst Weigh In

TRVG has been the topic of several recent research reports. UBS Group reduced their price target on trivago from $2.25 to $1.95 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. Susquehanna reduced their target price on trivago from $2.25 to $1.75 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Finally, StockNews.com initiated coverage on trivago in a research note on Friday, December 6th. They issued a "buy" rating for the company. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $2.55.

trivago Trading Up 3.4 %

trivago stock traded up $0.08 during trading hours on Friday, hitting $2.46. 80,667 shares of the stock traded hands, compared to its average volume of 61,462. trivago has a one year low of $1.60 and a one year high of $3.29. The firm's 50-day moving average price is $1.87 and its two-hundred day moving average price is $1.97. The company has a market cap of $172.05 million, a PE ratio of -35.14 and a beta of 1.76.

About trivago

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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