Gaia, Inc. (NASDAQ:GAIA) Short Interest Update

Gaia, Inc. (NASDAQ:GAIA) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 38,800 shares, a growth of 5.1% from the July 31st total of 36,900 shares. Based on an average trading volume of 25,400 shares, the short-interest ratio is presently 1.5 days. Currently, 0.3% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Gaia from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 7th.

Gaia Trading Up 4.7 %

Shares of NASDAQ GAIA opened at $4.90 on Thursday. Gaia has a 1-year low of $2.29 and a 1-year high of $5.19. The company has a market cap of $114.89 million, a PE ratio of -20.42 and a beta of 0.61. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average of $4.52 and a two-hundred day moving average of $4.04.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings results on Monday, August 5th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.04). Gaia had a negative return on equity of 6.37% and a negative net margin of 6.68%. The business had revenue of $22.08 million for the quarter.

Institutional Investors Weigh In On Gaia

Several institutional investors have recently modified their holdings of GAIA. Sapient Capital LLC bought a new stake in Gaia in the fourth quarter valued at approximately $88,000. Dimensional Fund Advisors LP increased its stake in Gaia by 4.3% in the second quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock valued at $1,493,000 after purchasing an additional 13,865 shares in the last quarter. Finally, Acuitas Investments LLC increased its stake in Gaia by 0.5% in the second quarter. Acuitas Investments LLC now owns 498,944 shares of the company’s stock valued at $2,200,000 after purchasing an additional 2,624 shares in the last quarter. Institutional investors and hedge funds own 40.53% of the company’s stock.

Gaia Company Profile

Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.