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

Gaia, Inc. (NASDAQ:GAIA) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 36,900 shares, a growth of 15.0% from the July 15th total of 32,100 shares. Based on an average trading volume of 28,800 shares, the short-interest ratio is presently 1.3 days. Approximately 0.3% of the company’s shares are short sold.

Gaia Stock Down 3.4 %

NASDAQ:GAIA traded down $0.14 during mid-day trading on Friday, reaching $3.94. The company’s stock had a trading volume of 17,161 shares, compared to its average volume of 31,036. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.07. Gaia has a 1 year low of $2.12 and a 1 year high of $5.19. The stock has a fifty day moving average of $4.59 and a 200-day moving average of $3.91. The firm has a market capitalization of $92.38 million, a PE ratio of -16.42 and a beta of 0.61.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings results on Monday, August 5th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The business had revenue of $22.08 million during the quarter. Gaia had a negative return on equity of 5.98% and a negative net margin of 6.29%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Gaia from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 7th.

Institutional Trading of Gaia

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sapient Capital LLC purchased a new stake in shares of Gaia during the 4th quarter worth $88,000. Marquette Asset Management LLC raised its holdings in Gaia by 7.0% in the fourth quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock worth $242,000 after purchasing an additional 5,883 shares in the last quarter. Acuitas Investments LLC lifted its position in shares of Gaia by 10.0% during the fourth quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock valued at $1,185,000 after buying an additional 39,938 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Gaia by 4.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock valued at $1,493,000 after buying an additional 13,865 shares in the last quarter. Institutional investors 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.