trivago (NASDAQ:TRVG) Sees Large Drop in Short Interest

trivago (NASDAQ:TRVG - Get Free Report) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 54,500 shares, a decline of 16.5% from the November 30th total of 65,300 shares. Based on an average trading volume of 62,700 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

TRVG has been the topic of several 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 report on Wednesday, October 23rd. StockNews.com started coverage on shares of trivago in a research note on Sunday, December 22nd. They set a "buy" rating for the company. Finally, Susquehanna reduced their price objective on shares of trivago from $2.25 to $1.75 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, trivago has an average rating of "Hold" and an average target price of $2.55.

trivago Stock Down 0.9 %

trivago stock traded down $0.02 during mid-day trading on Friday, hitting $2.30. 123,921 shares of the stock were exchanged, compared to its average volume of 62,686. The stock has a market capitalization of $160.85 million, a price-to-earnings ratio of -32.85 and a beta of 1.76. trivago has a 12 month low of $1.60 and a 12 month high of $3.29. The firm's fifty day simple moving average is $1.99 and its two-hundred day simple moving average is $1.97.

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.