trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVG) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 65,300 shares, a decline of 32.0% from the November 15th total of 96,100 shares. Based on an average daily trading volume, of 58,200 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are sold short.

trivago Stock Up 3.4 %

TRVG traded up $0.08 during trading hours on Friday, hitting $2.46. 80,671 shares of the company’s stock were exchanged, compared to its average volume of 61,462. The stock has a market cap of $172.05 million, a price-to-earnings ratio of -35.14 and a beta of 1.76. trivago has a 1-year low of $1.60 and a 1-year high of $3.29. The stock’s 50-day moving average is $1.87 and its two-hundred day moving average is $1.97.

Wall Street Analysts Forecast Growth

TRVG has been the subject of several research reports. StockNews.com started coverage on shares of trivago in a research report on Saturday. They set a “buy” rating for the company. UBS Group reduced their target price on shares of trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, Susquehanna dropped their price target on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $2.55.

About trivago

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.