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

Gaia, Inc. (NASDAQ:GAIA) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 21,600 shares, a drop of 58.2% from the February 28th total of 51,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 36,000 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GAIA shares. Roth Mkm reiterated a “buy” rating and set a $9.00 target price (down from $10.00) on shares of Gaia in a research note on Tuesday, March 11th. Roth Capital upgraded shares of Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, StockNews.com started coverage on shares of Gaia in a research note on Thursday, March 20th. They set a “buy” rating for the company.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its holdings in Gaia by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock valued at $5,006,000 after acquiring an additional 3,124 shares during the period. Topline Capital Management LLC bought a new stake in shares of Gaia during the 4th quarter valued at $206,000. Dimensional Fund Advisors LP lifted its holdings in 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 purchasing an additional 27,289 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Gaia by 4.1% in the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock worth $855,000 after purchasing an additional 7,460 shares during the period. Finally, Peapod Lane Capital LLC purchased a new position in Gaia during the 4th quarter valued at about $2,804,000. 40.53% of the stock is owned by institutional investors.

Gaia Stock Down 5.2 %

Shares of NASDAQ GAIA opened at $3.83 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.43 and a quick ratio of 0.43. The stock has a market capitalization of $96.03 million, a PE ratio of -14.19 and a beta of 0.78. Gaia has a one year low of $2.85 and a one year high of $6.53. The business’s fifty day moving average price is $4.81 and its 200-day moving average price is $5.11.

Gaia (NASDAQ:GAIA) last released 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. The business had revenue of $24.43 million for the quarter, compared to the consensus estimate of $24.40 million. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. On average, equities research analysts anticipate that Gaia will post -0.23 EPS 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.