Could Trivago N.V. – American Depositary Shares (NASDAQ:TRVG) Change Direction After Less Shorts?

October 13, 2018 - By Clifton Ray

The stock of Trivago N.V. – American Depositary Shares (NASDAQ:TRVG) registered a decrease of 0.58% in short interest. TRVG’s total short interest was 8.36M shares in October as published by FINRA. Its down 0.58% from 8.41 million shares, reported previously. With 487,200 shares average volume, it will take short sellers 17 days to cover their TRVG’s short positions. The short interest to Trivago N.V. – American Depositary Shares’s float is 28.96%.

The stock increased 1.92% or $0.09 during the last trading session, reaching $4.77. About 600,359 shares traded. trivago N.V. (NASDAQ:TRVG) has declined 58.39% since October 13, 2017 and is downtrending. It has underperformed by 74.01% the S&P500.

trivago N.V., together with its subsidiaries, operates as a hotel search platform. The company has market cap of $1.67 billion. The firm offers online meta-search for hotels by facilitating consumers?? search for hotel accommodation through online travel agents, hotel chains, and independent hotels. It currently has negative earnings. It provides access to its platform through 55 localized Websites and apps in 33 languages.

More important recent trivago N.V. (NASDAQ:TRVG) news were published by: Fool.com which released: “Why Trivago NV Stock Soared Today” on September 19, 2018, also Seekingalpha.com published article titled: “Trivago: Still Broken”, Nasdaq.com published: “Why Trivago NV Stock Jumped 27.5% Last Month” on October 03, 2018. More interesting news about trivago N.V. (NASDAQ:TRVG) was released by: Profitconfidential.com and their article: “Trivago NV – ADR: TRVG Stock has Finally Put in a Tradeable Bottom” with publication date: September 28, 2018.

trivago N.V. (NASDAQ:TRVG) Ratings Chart

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