Trivago N.V. ADS (NASDAQ:TRVG) Stock Short Interest Jumps 119.9%

Trivago N.V. ADS (NASDAQ:TRVG) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 417,114 shares, a growth of 119.9% from the September 30th total of 189,695 shares. Based on an average daily trading volume, of 143,282 shares, the short-interest ratio is presently 2.9 days. Approximately 0.6% of the company’s stock are sold short.

Trivago N.V. ADS Stock Performance

Shares of TRVG stock opened at $3.70 on Friday. Trivago N.V. ADS has a 52-week low of $2.59 and a 52-week high of $6.80. The stock has a market cap of $261.15 million, a price-to-earnings ratio of 63.50 and a beta of 0.95. The firm’s 50-day moving average is $5.07 and its 200-day moving average is $4.05.

Trivago N.V. ADS (NASDAQ:TRVG) last announced its quarterly earnings results on Wednesday, July 1st. The technology company reported ($0.06) earnings per share (EPS) for the quarter. Trivago N.V. ADS had a net margin of 2.19% and a return on equity of 7.76%. The business had revenue of $192.20 million for the quarter. Sell-side analysts predict that Trivago N.V. ADS will post 0.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TRVG has been the subject of several analyst reports. Mizuho raised their price objective on Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Weiss Ratings upgraded Trivago N.V. ADS from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 19th. B. Riley Financial increased their price target on Trivago N.V. ADS from $6.00 to $8.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Susquehanna raised their price target on Trivago N.V. ADS from $3.25 to $5.50 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, UBS Group boosted their price target on Trivago N.V. ADS from $3.40 to $6.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Trivago N.V. ADS has a consensus rating of “Hold” and a consensus price target of $5.57.

Insider Transactions at Trivago N.V. ADS

In other Trivago N.V. ADS news, Director Joana Breidenbach sold 35,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $5.16, for a total transaction of $180,600.00. Following the sale, the director directly owned 16,725 shares of the company’s stock, valued at $86,301. The trade was a 67.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.50% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Trivago N.V. ADS stock. Sei Investments Co. increased its holdings in shares of Trivago N.V. ADS (NASDAQ:TRVG) by 294.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 53,707 shares of the technology company’s stock after buying an additional 40,080 shares during the quarter. Sei Investments Co. owned 0.08% of Trivago N.V. ADS worth $146,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.50% of the company’s stock.

About Trivago N.V. ADS

Trivago N.V. operates a global hotel and accommodation metasearch platform. Through its website and mobile applications, the company enables travelers to compare prices, locations, ratings, amenities and other details for hotels and alternative accommodations listed across online booking sites and other travel providers.

Trivago generally does not provide the underlying lodging itself. Instead, it directs users to partner websites to complete reservations and generates revenue primarily through referral and advertising arrangements.