trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVG) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 54,500 shares, a decrease of 16.5% from the November 30th total of 65,300 shares. Based on an average daily volume of 62,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TRVG shares. StockNews.com initiated coverage on trivago in a research report on Sunday, December 22nd. They set a “buy” rating on the stock. UBS Group lowered their target price on shares of trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Finally, Susquehanna dropped their target price on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, trivago presently has a consensus rating of “Hold” and an average price target of $2.55.

trivago Stock Performance

TRVG stock traded down $0.02 during mid-day trading on Friday, hitting $2.30. The company had a trading volume of 123,921 shares, compared to its average volume of 62,686. The firm has a market cap of $160.85 million, a PE 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 stock’s fifty day moving average price is $1.99 and its two-hundred day moving average price 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.