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Groupon (NASDAQ:GRPN) was the recipient of a significant growth in short interest in January. As of March 31st, there was short interest totalling 86,780,441 shares, a growth of 17.5% from the March 14th total of 73,839,906 shares, AmericanBankingNews.com reports. Approximately 19.1% of the company’s stock are short sold. Based on an average trading volume of 16,475,555 shares, the days-to-cover ratio is currently 5.3 days.

GRPN has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “positive” rating on shares of Groupon in a research note on Thursday, February 27th. Separately, analysts at Zacks downgraded shares of Groupon from a “neutral” rating to an “underperform” rating in a research note on Monday, February 24th. They now have a $6.70 price target on the stock. Finally, analysts at UBS AG cut their EPS estimates on shares of Groupon in a research note on Monday. They now have a “neutral” rating and a $8.75 price target on the stock. They previously had a $11.00 price target on the stock. Four analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $10.41.

Shares of Groupon (NASDAQ:GRPN) opened at 6.95 on Monday. Groupon has a one year low of $5.37 and a one year high of $12.76. The stock has a 50-day moving average of $8. and a 200-day moving average of $9.9. The company’s market cap is $4.748 billion.

Groupon (NASDAQ:GRPN) last released its earnings data on Thursday, February 20th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.02. The company had revenue of $768.40 million for the quarter, compared to the consensus estimate of $718.04 million. On average, analysts predict that Groupon will post $0.11 earnings per share for the current fiscal year.

Groupon, Inc (NASDAQ:GRPN) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount.

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