Gaia, Inc. (NASDAQ:GAIA – Get Free Report) 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 – Get Free Report) 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
Read Our Latest Stock Analysis on Gaia
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.
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