trivago (NASDAQ:TRVG) Short Interest Up 43.1% in March

trivago (NASDAQ:TRVG) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 257,900 shares, an increase of 43.1% from the February 28th total of 180,200 shares. Based on an average daily trading volume, of 130,800 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.1% of the shares of the stock are sold short.

Analyst Ratings Changes

TRVG has been the subject of a number of analyst reports. StockNews.com began coverage on trivago in a research note on Saturday, February 8th. They issued a “strong-buy” rating for the company. Citigroup upped their price objective on trivago from $2.60 to $4.50 and gave the stock a “neutral” rating in a research note on Monday, March 17th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $2.94.

Institutional Trading of trivago

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft bought a new stake in trivago (NASDAQ:TRVG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned approximately 0.41% of trivago as of its most recent filing with the Securities & Exchange Commission. 4.50% of the stock is owned by institutional investors.

trivago Stock Performance

TRVG opened at $4.73 on Friday. The stock has a market capitalization of $330.80 million, a price-to-earnings ratio of -473.00 and a beta of 1.58. The company has a fifty day moving average of $3.93 and a 200 day moving average of $2.66. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $5.45.

trivago (NASDAQ:TRVG) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. On average, equities research analysts forecast that trivago will post -0.08 earnings per share for the current year.

trivago Company Profile

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.