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

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

Trivago N.V. ADS Price Performance

Shares of TRVG traded down $0.23 during mid-day trading on Friday, reaching $3.59. The stock had a trading volume of 90,450 shares, compared to its average volume of 90,545. The business’s fifty day moving average is $5.05 and its 200 day moving average is $4.06. Trivago N.V. ADS has a 52-week low of $2.59 and a 52-week high of $6.80. The firm has a market cap of $253.53 million, a price-to-earnings ratio of 59.83 and a beta of 0.95.

Trivago N.V. ADS (NASDAQ:TRVG) last issued its quarterly earnings data 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 company had revenue of $192.20 million during the quarter. As a group, sell-side analysts anticipate that Trivago N.V. ADS will post 0.08 EPS for the current fiscal year.

Insider Transactions at Trivago N.V. ADS

In related news, Director Joana Breidenbach sold 35,000 shares of the company’s stock in a transaction on 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 owned 16,725 shares of the company’s stock, valued at $86,301. This represents a 67.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.50% of the stock is currently owned by insiders.

Institutional Trading of Trivago N.V. ADS

A hedge fund recently raised its stake in Trivago N.V. ADS stock. Sei Investments Co. boosted its stake in shares of Trivago N.V. ADS (NASDAQ:TRVG) by 294.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,707 shares of the technology company’s stock after acquiring an additional 40,080 shares during the quarter. Sei Investments Co. owned about 0.08% of Trivago N.V. ADS worth $146,000 as of its most recent filing with the Securities and Exchange Commission. 4.50% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TRVG has been the topic of several recent analyst reports. Zacks Research downgraded 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 research report on Wednesday, August 19th. Mizuho upped their target price on Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. UBS Group upped their target price on Trivago N.V. ADS from $3.40 to $6.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, Susquehanna increased 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 note 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. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $5.57.

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.