trivago (NASDAQ:TRVG) Short Interest Down 16.5% in April

trivago (NASDAQ:TRVGGet Rating) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 657,700 shares, a decrease of 16.5% from the March 31st total of 787,400 shares. Based on an average daily trading volume, of 876,800 shares, the short-interest ratio is presently 0.8 days.

Large investors have recently bought and sold shares of the company. Forum Financial Management LP bought a new stake in shares of trivago during the fourth quarter worth about $26,000. Fulton Bank N.A. bought a new stake in trivago in the 1st quarter worth about $29,000. Cubist Systematic Strategies LLC bought a new stake in trivago in the 3rd quarter worth about $73,000. CSS LLC IL grew its position in trivago by 13.7% in the 3rd quarter. CSS LLC IL now owns 36,874 shares of the technology company’s stock worth $91,000 after purchasing an additional 4,444 shares in the last quarter. Finally, Cetera Advisor Networks LLC grew its position in shares of trivago by 100.0% during the 3rd quarter. Cetera Advisor Networks LLC now owns 40,000 shares of the technology company’s stock valued at $99,000 after acquiring an additional 20,000 shares during the period. 9.00% of the stock is owned by institutional investors.

NASDAQ:TRVG opened at $2.09 on Wednesday. The stock’s 50-day simple moving average is $2.19. The company has a market capitalization of $749.61 million, a P/E ratio of 52.25 and a beta of 1.63. trivago has a one year low of $1.92 and a one year high of $4.17.

trivago (NASDAQ:TRVGGet Rating) last posted its earnings results on Tuesday, February 8th. The technology company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. The company had revenue of $105.45 million during the quarter, compared to the consensus estimate of $102.46 million. trivago had a net margin of 2.89% and a return on equity of 1.55%. During the same period in the previous year, the firm posted ($0.02) earnings per share. As a group, equities research analysts expect that trivago will post 0.1 EPS for the current year.

TRVG has been the topic of a number of research analyst reports. StockNews.com initiated coverage on trivago in a report on Thursday, March 31st. They set a “strong-buy” rating on the stock. Zacks Investment Research cut trivago from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 27th. Citigroup cut their price target on trivago from $2.65 to $2.50 and set a “neutral” rating on the stock in a report on Wednesday, April 20th. Finally, TheStreet upgraded trivago from a “d+” rating to a “c-” rating in a report on Friday, March 25th. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, trivago has an average rating of “Hold” and a consensus target price of $2.98.

About trivago (Get Rating)

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels. The company provides access to its platform through 53 localized websites and apps in 31 languages.

Featured Articles

Receive News & Ratings for trivago Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for trivago and related companies with MarketBeat.com's FREE daily email newsletter.