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

Gaia, Inc. (NASDAQ:GAIA - Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 31,600 shares, an increase of 92.7% from the March 31st total of 16,400 shares. Based on an average daily volume of 45,600 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Gaia Price Performance

Gaia stock traded up $0.26 during trading hours on Friday, hitting $5.45. 58,425 shares of the stock were exchanged, compared to its average volume of 34,700. Gaia has a 12 month low of $2.93 and a 12 month high of $6.53. The business's 50-day moving average is $4.09 and its two-hundred day moving average is $4.90. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market capitalization of $136.65 million, a P/E ratio of -20.19 and a beta of 1.00.

Gaia (NASDAQ:GAIA - Get Free Report) last released its quarterly earnings results on Monday, March 10th. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. The firm had revenue of $24.43 million during the quarter, compared to analysts' expectations of $24.40 million. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. Equities research analysts expect that Gaia will post -0.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Roth Capital raised shares of Gaia to a "strong-buy" rating in a report on Tuesday, February 11th. StockNews.com started coverage on Gaia in a report on Sunday, April 13th. They issued a "hold" rating for the company. Finally, Roth Mkm restated a "buy" rating and set a $9.00 target price (down previously from $10.00) on shares of Gaia in a research report on Tuesday, March 11th.

Institutional Investors Weigh In On Gaia

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in shares of Gaia by 13.9% during the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company's stock worth $872,000 after purchasing an additional 21,870 shares in the last quarter. Peapod Lane Capital LLC acquired a new position in shares of Gaia during the fourth quarter valued at $2,804,000. Renaissance Technologies LLC increased its position in Gaia by 4.1% in the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock worth $855,000 after purchasing an additional 7,460 shares during the period. Dimensional Fund Advisors LP increased its position in Gaia by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock worth $1,827,000 after purchasing an additional 27,289 shares during the period. Finally, Topline Capital Management LLC bought a new stake in Gaia during the 4th quarter worth about $206,000. Institutional investors and hedge funds own 40.53% of the company's stock.

About Gaia

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.