Short Interest in Trivago N.V. ADS (NASDAQ:TRVG) Rises By 118.7%

Key Points

• Short interest in Trivago N.V. ADS surged by 118.7% in August, with a total of 152,000 shares sold short compared to 69,500 shares at the end of July.
• Analysts have recently issued a consensus rating of "Hold" for Trivago, with a revised price target of $4.35, following downgrades from firms like Susquehanna.
• Trivago's stock currently trades at $3.31 and has experienced significant volatility, with a notable 52-week range between $1.60 and $5.83.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 152,000 shares, anincreaseof118.7% from the July 31st total of 69,500 shares. Based on an average daily trading volume, of 76,800 shares, the short-interest ratio is presently 2.0 days. Currently,0.7% of the company's shares are sold short. Currently,0.7% of the company's shares are sold short. Based on an average daily trading volume, of 76,800 shares, the short-interest ratio is presently 2.0 days.

Analysts Set New Price Targets

Several research firms recently commented on TRVG. Wall Street Zen downgraded shares of Trivago N.V. ADS from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Susquehanna cut their target price on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating on the stock in a research report on Thursday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Trivago N.V. ADS presently has a consensus rating of "Hold" and a consensus price target of $4.35.

Trivago N.V. ADS Stock Down 1.8%

Shares of TRVG stock opened at $3.31 on Friday. The company has a market cap of $232.96 million, a price-to-earnings ratio of -331.00 and a beta of 1.47. Trivago N.V. ADS has a 52 week low of $1.60 and a 52 week high of $5.83. The firm has a 50 day moving average of $3.61 and a 200-day moving average of $3.99.

Institutional Trading of Trivago N.V. ADS

Several large investors have recently modified their holdings of TRVG. Walleye Capital LLC acquired a new stake in shares of Trivago N.V. ADS during the 2nd quarter worth approximately $40,000. Bank of America Corp DE grew its position in Trivago N.V. ADS by 2,050.1% in the 2nd quarter. Bank of America Corp DE now owns 11,417 shares of the technology company's stock valued at $43,000 after purchasing an additional 10,886 shares during the period. Quadrature Capital Ltd acquired a new stake in Trivago N.V. ADS in the 2nd quarter valued at $73,000. Cubist Systematic Strategies LLC acquired a new stake in Trivago N.V. ADS in the 1st quarter valued at $75,000. Finally, Jump Financial LLC acquired a new stake in Trivago N.V. ADS in the 2nd quarter valued at $94,000. Institutional investors and hedge funds own 4.50% of the company's stock.

Trivago N.V. ADS Company Profile

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.

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