Gaia, Inc. (NASDAQ:GAIA) Short Interest Down 31.2% in September

Gaia, Inc. (NASDAQ:GAIA) saw a large decrease in short interest in September. As of September 15th, there was short interest totalling 37,000 shares, a decrease of 31.2% from the August 31st total of 53,800 shares. Based on an average daily volume of 28,700 shares, the short-interest ratio is currently 1.3 days.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Gaia in a research report on Friday, September 6th. They issued a “hold” rating on the stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gaia stock. Acuitas Investments LLC boosted its position in Gaia, Inc. (NASDAQ:GAIA) by 0.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 498,944 shares of the company’s stock after acquiring an additional 2,624 shares during the period. Acuitas Investments LLC owned 2.13% of Gaia worth $2,200,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 40.53% of the company’s stock.

Gaia Trading Up 0.4 %

Shares of GAIA traded up $0.02 during trading hours on Friday, hitting $4.99. The company had a trading volume of 13,476 shares, compared to its average volume of 31,153. Gaia has a 52-week low of $2.35 and a 52-week high of $5.35. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.06. The stock’s 50 day moving average price is $4.66 and its 200 day moving average price is $4.26. The firm has a market cap of $117.00 million, a P/E ratio of -20.79 and a beta of 0.63.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings results on Monday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.04). Gaia had a negative return on equity of 6.37% and a negative net margin of 6.68%. The company had revenue of $22.08 million for the quarter.

Gaia Company Profile

Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.