Trivago N.V. ADS (NASDAQ:TRVG) Sees Significant Increase in Short Interest

Trivago N.V. ADS (NASDAQ:TRVG) saw a significant 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 volume of 143,282 shares, the short-interest ratio is presently 2.9 days. Currently, 0.6% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. 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. Zacks Research cut shares of Trivago N.V. ADS from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Weiss Ratings raised shares of Trivago N.V. ADS from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 19th. Susquehanna raised their price objective on shares of Trivago N.V. ADS from $3.25 to $5.50 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, B. Riley Financial boosted their price objective on Trivago N.V. ADS from $6.00 to $8.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $5.57.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Trivago N.V. ADS stock. Sei Investments Co. lifted its holdings in shares of Trivago N.V. ADS (NASDAQ:TRVG) by 294.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,707 shares of the technology company’s stock after acquiring 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 quarter. Hedge funds and other institutional investors own 4.50% of the company’s stock.

Trivago N.V. ADS Trading Down 6.0%

Shares of NASDAQ:TRVG opened at $3.59 on Friday. The firm has a 50 day moving average of $5.05 and a 200-day moving average of $4.06. Trivago N.V. ADS has a 12 month low of $2.59 and a 12 month high of $6.80. The stock has a market capitalization of $253.53 million, a PE ratio of 54.57 and a beta of 0.95.

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

Trivago N.V. ADS Company Profile

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.