Tripadvisor Inc (NASDAQ:TRIP) Can’t Be More Risky. Short Interest Increased

October 13, 2018 - By Marguerite Chambers

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in 2018 Q2. Its up 0.19, from 1.05 in 2018Q1. It improved, as 23 investors sold TripAdvisor, Inc. shares while 109 reduced holdings. 73 funds opened positions while 91 raised stakes. 114.02 million shares or 4.32% less from 119.17 million shares in 2018Q1 were reported.
Axa has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP). Oregon Pub Employees Retirement Fund accumulated 0.01% or 11,708 shares. Advisory Svcs Network has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP). Eagle Cap Mngmt Limited Co has invested 2.21% in TripAdvisor, Inc. (NASDAQ:TRIP). Liberty Mutual Group Inc Asset reported 4,283 shares stake. Moreover, Intact Invest Management has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 4,200 shares. Moreover, Price T Rowe Associate Md has 0% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 167,405 shares. Moreover, Fred Alger Management has 0% invested in TripAdvisor, Inc. (NASDAQ:TRIP). Comerica Fincl Bank has invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Blackstone Limited Partnership holds 0.02% or 61,202 shares in its portfolio. Miura Glob Management Limited Liability Corp invested in 1.97% or 150,000 shares. State Street Corporation accumulated 4.27M shares. Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv stated it has 1.05% in TripAdvisor, Inc. (NASDAQ:TRIP). 15,208 are owned by Us Bank & Trust De. Brinker Cap stated it has 13,742 shares.

Since May 15, 2018, it had 0 insider purchases, and 5 sales for $1.05 million activity. Nishar Dipchand sold $199,749 worth of stock. On Friday, June 15 the insider Kalvert Seth J sold $300,803. Shares for $477,378 were sold by TEUNISSEN ERNST 02494 on Friday, June 15.

The stock of Tripadvisor Inc (NASDAQ:TRIP) registered an increase of 2.01% in short interest. TRIP’s total short interest was 14.68M shares in October as published by FINRA. Its up 2.01% from 14.39 million shares, reported previously. With 1.09 million shares average volume, it will take short sellers 14 days to cover their TRIP’s short positions. The short interest to Tripadvisor Inc’s float is 13.84%.

The stock increased 1.57% or $0.7 during the last trading session, reaching $45.35. About 2.14 million shares traded or 9.13% up from the average. TripAdvisor, Inc. (NASDAQ:TRIP) has risen 14.12% since October 13, 2017 and is uptrending. It has underperformed by 1.50% the S&P500.

TripAdvisor, Inc. operates as an online travel company. The company has market cap of $6.24 billion. The firm operates through two divisions, Hotel and Non-Hotel. It currently has negative earnings. The Company’s travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, activities and attractions, and restaurant reservations.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 7 analysts covering TripAdvisor (NASDAQ:TRIP), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. TripAdvisor had 10 analyst reports since May 8, 2018 according to SRatingsIntel. Deutsche Bank maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Tuesday, May 8 with “Hold” rating. As per Wednesday, May 16, the company rating was downgraded by Guggenheim. Macquarie Research upgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Wednesday, May 16 to “Buy” rating. The stock has “Overweight” rating by Barclays Capital on Monday, August 6. The stock has “Overweight” rating by Barclays Capital on Wednesday, July 11. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Hold” rating given on Tuesday, July 31 by Deutsche Bank. Guggenheim downgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Friday, May 25 to “Sell” rating. The rating was maintained by Wedbush on Thursday, May 10 with “Hold”. The firm earned “Hold” rating on Friday, August 3 by Needham. Stifel Nicolaus maintained the shares of TRIP in report on Friday, August 3 with “Hold” rating.

TripAdvisor, Inc. (NASDAQ:TRIP) Institutional Positions Chart

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