Gaia, Inc. (NASDAQ:GAIA) Short Interest Up 92.7% in April

Gaia, Inc. (NASDAQ:GAIA) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 31,600 shares, an increase of 92.7% from the March 31st total of 16,400 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 45,600 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

Several analysts have recently commented on GAIA shares. Roth Capital upgraded Gaia to a “strong-buy” rating in a report on Tuesday, February 11th. Roth Mkm reiterated a “buy” rating and set a $9.00 price objective (down previously from $10.00) on shares of Gaia in a report on Tuesday, March 11th. Finally, StockNews.com initiated coverage on Gaia in a research note on Sunday, April 13th. They issued a “hold” rating for the company.

Gaia Stock Performance

NASDAQ GAIA opened at $4.98 on Tuesday. Gaia has a fifty-two week low of $2.93 and a fifty-two week high of $6.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market capitalization of $124.86 million, a P/E ratio of -18.44 and a beta of 1.00. The stock has a 50-day simple moving average of $4.06 and a two-hundred day simple moving average of $4.91.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, March 10th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. The firm had revenue of $24.43 million during the quarter, compared to the consensus estimate of $24.40 million. On average, equities analysts forecast that Gaia will post -0.23 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. raised its holdings in shares of Gaia by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock worth $5,006,000 after acquiring an additional 3,124 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Gaia by 4.1% during the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock worth $855,000 after acquiring an additional 7,460 shares during the period. P.A.W. Capital Corp raised its holdings in shares of Gaia by 8.6% during the 1st quarter. P.A.W. Capital Corp now owns 190,000 shares of the company’s stock worth $732,000 after acquiring an additional 15,000 shares during the period. Geode Capital Management LLC raised its holdings in shares of Gaia by 13.9% during the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after acquiring an additional 21,870 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock worth $1,827,000 after acquiring an additional 27,289 shares during the period. Hedge funds and other institutional investors own 40.53% of the company’s stock.

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.