Short Interest in Trivago N.V. ADS (NASDAQ:TRVG) Decreases By 29.9%

Trivago N.V. ADS (NASDAQ:TRVG) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 155,500 shares, a decrease of 29.9% from the May 15th total of 221,900 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 153,100 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Trivago N.V. ADS

Several institutional investors have recently modified their holdings of TRVG. Cubist Systematic Strategies LLC acquired a new position in shares of Trivago N.V. ADS in the 1st quarter valued at $75,000. NewEdge Advisors LLC acquired a new position in shares of Trivago N.V. ADS in the 1st quarter valued at $258,000. Bosun Asset Management LLC acquired a new position in shares of Trivago N.V. ADS in the 1st quarter valued at $328,000. Compagnie Lombard Odier SCmA increased its holdings in shares of Trivago N.V. ADS by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company’s stock valued at $615,000 after acquiring an additional 90,000 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Trivago N.V. ADS in the 4th quarter valued at $628,000. Hedge funds and other institutional investors own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TRVG shares. Wall Street Zen raised shares of Trivago N.V. ADS from a “buy” rating to a “strong-buy” rating in a report on Monday, May 12th. UBS Group increased their target price on shares of Trivago N.V. ADS from $3.10 to $3.40 and gave the company a “neutral” rating in a research report on Monday, April 28th. Susquehanna increased their target price on shares of Trivago N.V. ADS from $3.50 to $5.50 and gave the company a “neutral” rating in a research report on Monday, May 5th. Citigroup increased their target price on shares of Trivago N.V. ADS from $2.60 to $4.50 and gave the company a “neutral” rating in a research report on Monday, March 17th. Finally, B. Riley upgraded shares of Trivago N.V. ADS from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $4.00 to $5.50 in a research report on Thursday, May 1st. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $4.73.

Trivago N.V. ADS Stock Down 0.8%

Shares of Trivago N.V. ADS stock opened at $3.89 on Thursday. Trivago N.V. ADS has a 52-week low of $1.60 and a 52-week high of $5.83. The company has a 50 day moving average of $4.18 and a 200 day moving average of $3.64. The company has a market capitalization of $273.51 million, a P/E ratio of -389.00 and a beta of 1.42.

Trivago N.V. ADS Company Profile

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.