Trivago N.V. ADS (NASDAQ:TRVG) Stock Short Interest Jumps 119.9%

Key Points

• Trivago’s short interest surged 119.9% to 417,114 shares as of October 15, representing 0.6% of shares outstanding and 2.9 days of average trading volume.
• TRVG opened at $3.70, with a market capitalization of $261.15 million and a 52-week range of $2.59 to $6.80. The company reported quarterly revenue of $192.2 million and a loss of $0.06 per share.
• Analyst sentiment remains cautious: one analyst rates the stock Buy and six rate it Hold, producing a consensus Hold rating and an average price target of $5.57.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) saw a large growth in short interest in 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 trading volume, of 143,282 shares, the short-interest ratio is currently 2.9 days. Currently, 0.6% of the company's shares are sold short.

Trivago N.V. ADS Price Performance

• Trivago NASDAQ: TRVG Stock a Forgotten Travel Recovery Play

TRVG stock opened at $3.70 on Friday. The stock has a market capitalization of $261.15 million, a P/E ratio of 63.50 and a beta of 0.95. The business has a 50-day moving average of $5.07 and a 200-day moving average of $4.05. Trivago N.V. ADS has a fifty-two week low of $2.59 and a fifty-two week high of $6.80.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) last announced its earnings results on Wednesday, July 1st. The technology company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $192.20 million during the quarter. Trivago N.V. ADS had a net margin of 2.19% and a return on equity of 7.76%. Equities analysts expect that Trivago N.V. ADS will post 0.08 EPS for the current year.

Insider Buying and Selling

In other Trivago N.V. ADS news, Director Joana Breidenbach sold 35,000 shares of Trivago N.V. ADS stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $5.16, for a total transaction of $180,600.00. Following the transaction, the director directly owned 16,725 shares in the company, valued at approximately $86,301. The trade was a 67.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 6.50% of the company's stock.

Institutional Trading of Trivago N.V. ADS

An institutional investor recently raised its position in Trivago N.V. ADS stock. Sei Investments Co. lifted its holdings in Trivago N.V. ADS (NASDAQ:TRVG - Free Report) by 294.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,707 shares of the technology company's stock after purchasing an additional 40,080 shares during the quarter. Sei Investments Co. owned 0.08% of Trivago N.V. ADS worth $146,000 as of its most recent SEC filing. 4.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on TRVG. Weiss Ratings raised shares of Trivago N.V. ADS from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 19th. Susquehanna upped their price target on shares of Trivago N.V. ADS from $3.25 to $5.50 and gave the company a "neutral" rating in a report on Thursday, August 6th. B. Riley Financial increased their price objective on shares of Trivago N.V. ADS from $6.00 to $8.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Zacks Research lowered shares of Trivago N.V. ADS from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. Finally, Mizuho boosted their price objective on shares of 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. One equities research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price 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.

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