trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVG) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 54,500 shares, a drop of 16.5% from the November 30th total of 65,300 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 62,700 shares, the days-to-cover ratio is currently 0.9 days.

trivago Price Performance

NASDAQ:TRVG traded down $0.02 during mid-day trading on Friday, reaching $2.30. 123,921 shares of the company’s stock traded hands, compared to its average volume of 62,686. The company has a 50 day moving average price of $1.99 and a 200-day moving average price of $1.97. The firm has a market capitalization of $160.85 million, a price-to-earnings ratio of -32.85 and a beta of 1.76. trivago has a 12-month low of $1.60 and a 12-month high of $3.29.

Wall Street Analyst Weigh In

TRVG has been the topic of several recent research reports. Susquehanna dropped their price objective on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a report on Thursday, November 7th. StockNews.com assumed coverage on shares of trivago in a research note on Sunday, December 22nd. They issued a “buy” rating for the company. Finally, UBS Group cut their price objective 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. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price 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.