Trivago N.V. ADS (NASDAQ:TRVG) Short Interest Update

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) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 152,000 shares, an increase of 118.7% from the July 31st total of 69,500 shares. Based on an average daily volume of 76,800 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 76,800 shares, the days-to-cover ratio is presently 2.0 days.

Trivago N.V. ADS Trading Up 0.9%

Shares of Trivago N.V. ADS stock traded up $0.03 on Wednesday, hitting $3.26. 89,317 shares of the company traded hands, compared to its average volume of 61,559. Trivago N.V. ADS has a 12-month low of $1.60 and a 12-month high of $5.83. The firm's 50-day simple moving average is $3.58 and its 200 day simple moving average is $3.97. The company has a market cap of $229.44 million, a P/E ratio of -326.00 and a beta of 1.47.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRVG. Wall Street Zen lowered shares of Trivago N.V. ADS from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Susquehanna decreased their price target on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating on the stock in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $4.35.

Hedge Funds Weigh In On Trivago N.V. ADS

Several institutional investors have recently modified their holdings of TRVG. Walleye Capital LLC bought a new stake in Trivago N.V. ADS in the 2nd quarter worth approximately $40,000. Bank of America Corp DE raised its stake in shares of Trivago N.V. ADS by 2,050.1% during the second quarter. Bank of America Corp DE now owns 11,417 shares of the technology company's stock worth $43,000 after acquiring an additional 10,886 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Trivago N.V. ADS during the second quarter worth approximately $73,000. Cubist Systematic Strategies LLC bought a new stake in shares of Trivago N.V. ADS in the 1st quarter worth approximately $75,000. Finally, Jump Financial LLC purchased a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at $94,000. 4.50% of the stock is currently owned by institutional investors.

About Trivago N.V. ADS

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.