Travelzoo (NASDAQ:TZOO) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 222,600 shares, a decline of 12.6% from the December 15th total of 254,800 shares. Approximately 3.7% of the company’s stock are sold short. Based on an average trading volume of 38,400 shares, the short-interest ratio is presently 5.8 days.
Separately, ValuEngine raised shares of Travelzoo from a “sell” rating to a “hold” rating in a research note on Monday, November 4th.
Several hedge funds have recently made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new position in shares of Travelzoo during the third quarter valued at about $72,000. Russell Investments Group Ltd. grew its position in Travelzoo by 31.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 20,138 shares of the information services provider’s stock worth $212,000 after purchasing an additional 4,811 shares in the last quarter. California Public Employees Retirement System increased its stake in Travelzoo by 5.8% in the 3rd quarter. California Public Employees Retirement System now owns 209,900 shares of the information services provider’s stock valued at $2,244,000 after buying an additional 11,500 shares during the last quarter. Dupont Capital Management Corp increased its stake in Travelzoo by 29.6% in the 3rd quarter. Dupont Capital Management Corp now owns 26,908 shares of the information services provider’s stock valued at $288,000 after buying an additional 6,150 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Travelzoo by 42.2% during the 2nd quarter. AQR Capital Management LLC now owns 20,721 shares of the information services provider’s stock worth $320,000 after buying an additional 6,152 shares in the last quarter. Institutional investors own 39.87% of the company’s stock.
Shares of NASDAQ:TZOO opened at $11.09 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average is $10.72 and its 200-day moving average is $11.43. Travelzoo has a twelve month low of $9.31 and a twelve month high of $22.85. The firm has a market capitalization of $131.05 million, a price-to-earnings ratio of 20.23 and a beta of 1.06.
Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results on Wednesday, October 23rd. The information services provider reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The business had revenue of $25.51 million during the quarter, compared to the consensus estimate of $25.80 million. Travelzoo had a return on equity of 44.87% and a net margin of 5.66%. Travelzoo’s revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 earnings per share.
Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.
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