Gaia, Inc. (NASDAQ:GAIA) Short Interest Update

Gaia, Inc. (NASDAQ:GAIA) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 51,700 shares, a decrease of 48.3% from the February 13th total of 100,000 shares. Based on an average daily volume of 35,800 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Roth Mkm reissued a “buy” rating and issued a $9.00 price objective (down from $10.00) on shares of Gaia in a research note on Tuesday. StockNews.com assumed coverage on Gaia in a research note on Wednesday. They issued a “buy” rating for the company. Finally, Roth Capital raised Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th.

Hedge Funds Weigh In On Gaia

Several institutional investors have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in Gaia during the third quarter valued at $49,000. Geode Capital Management LLC grew its holdings in Gaia by 13.9% during the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after purchasing an additional 21,870 shares during the period. Peapod Lane Capital LLC bought a new position in Gaia during the fourth quarter valued at $2,804,000. Ameriprise Financial Inc. grew its holdings in Gaia by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock valued at $5,006,000 after purchasing an additional 3,124 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Gaia by 7.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock valued at $1,827,000 after purchasing an additional 27,289 shares during the period. 40.53% of the stock is owned by institutional investors.

Gaia Stock Performance

Shares of GAIA stock traded up $0.02 during trading on Friday, hitting $4.17. The company’s stock had a trading volume of 31,709 shares, compared to its average volume of 32,641. The company has a market cap of $97.86 million, a PE ratio of -15.44 and a beta of 0.78. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average of $4.85 and a 200-day moving average of $5.15. Gaia has a 52 week low of $2.85 and a 52 week high of $6.53.

Gaia (NASDAQ:GAIA) last released its earnings results on Monday, March 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company had revenue of $24.43 million during the quarter, compared to analyst estimates of $24.40 million. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. As a group, research analysts anticipate that Gaia will post -0.23 earnings per share for the current year.

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.