trivago (NASDAQ:TRVG) Short Interest Up 42.2% in February

trivago (NASDAQ:TRVG - Get Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 180,200 shares, a growth of 42.2% from the February 13th total of 126,700 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 124,700 shares, the days-to-cover ratio is currently 1.4 days.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Citigroup raised their target price on trivago from $2.60 to $4.50 and gave the stock a "neutral" rating in a research report on Monday. StockNews.com started coverage on shares of trivago in a report on Saturday, February 8th. They set a "strong-buy" rating for the company. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $2.94.

Institutional Trading of trivago

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft purchased a new stake in shares of trivago (NASDAQ:TRVG - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 285,804 shares of the technology company's stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned approximately 0.41% of trivago at the end of the most recent reporting period. Institutional investors and hedge funds own 4.50% of the company's stock.

Remove Ads

trivago Stock Down 1.0 %

NASDAQ:TRVG traded down $0.05 during trading hours on Thursday, reaching $4.72. The company had a trading volume of 63,289 shares, compared to its average volume of 72,229. The stock has a 50-day moving average of $3.58 and a two-hundred day moving average of $2.51. trivago has a one year low of $1.60 and a one year high of $5.03. The firm has a market capitalization of $330.10 million, a PE ratio of -472.00 and a beta of 1.57.

trivago (NASDAQ:TRVG - Get Free Report) last announced its earnings results on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) 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%. As a group, sell-side analysts expect that trivago will post -0.08 earnings per share for the current year.

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.