trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVGGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 60,900 shares, a growth of 16.9% from the August 15th total of 52,100 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 47,500 shares, the days-to-cover ratio is presently 1.3 days.

Analyst Ratings Changes

TRVG has been the subject of a number of research reports. Susquehanna decreased their target price on shares of trivago from $2.50 to $2.25 and set a “neutral” rating for the company in a research report on Thursday, August 1st. StockNews.com assumed coverage on trivago in a report on Monday, September 9th. They issued a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $2.75.

View Our Latest Analysis on trivago

Institutional Investors Weigh In On trivago

Several hedge funds and other institutional investors have recently bought and sold shares of TRVG. Quadrature Capital Ltd purchased a new stake in shares of trivago in the 4th quarter valued at approximately $67,000. BNP Paribas Financial Markets purchased a new position in trivago in the first quarter worth approximately $173,000. Tidal Investments LLC acquired a new stake in trivago during the first quarter worth $393,000. Finally, Acadian Asset Management LLC raised its position in trivago by 10.3% in the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock valued at $1,966,000 after purchasing an additional 67,053 shares during the period. 4.50% of the stock is currently owned by institutional investors and hedge funds.

trivago Trading Down 1.1 %

NASDAQ:TRVG traded down $0.02 during trading hours on Monday, hitting $1.78. 1,204 shares of the stock were exchanged, compared to its average volume of 62,061. The company has a market cap of $124.28 million, a P/E ratio of -0.64 and a beta of 1.62. The firm’s fifty day moving average price is $2.04 and its 200 day moving average price is $2.29. trivago has a 52-week low of $1.76 and a 52-week high of $5.90.

trivago (NASDAQ:TRVGGet Free Report) last released its earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $127.62 million during the quarter, compared to analyst estimates of $127.25 million. trivago had a negative net margin of 41.42% and a positive return on equity of 1.30%. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Equities analysts expect that trivago will post -0.1 EPS for the current fiscal year.

About trivago

(Get Free Report)

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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