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

Gaia, Inc. (NASDAQ:GAIA) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 36,900 shares, a growth of 15.0% from the July 15th total of 32,100 shares. Based on an average daily volume of 28,800 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, StockNews.com downgraded Gaia from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 7th.

Hedge Funds Weigh In On Gaia

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sapient Capital LLC acquired a new stake in Gaia in the fourth quarter valued at about $88,000. Marquette Asset Management LLC boosted its position in Gaia by 7.0% in the fourth quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock valued at $242,000 after buying an additional 5,883 shares in the last quarter. Acuitas Investments LLC grew its stake in shares of Gaia by 10.0% during the fourth quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock worth $1,185,000 after buying an additional 39,938 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Gaia by 4.3% during the second quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock worth $1,493,000 after buying an additional 13,865 shares in the last quarter. 40.53% of the stock is currently owned by institutional investors and hedge funds.

Gaia Stock Performance

NASDAQ GAIA traded down $0.14 during trading on Friday, reaching $3.94. The company’s stock had a trading volume of 17,161 shares, compared to its average volume of 31,036. Gaia has a 12 month low of $2.12 and a 12 month high of $5.19. The firm has a 50 day moving average price of $4.59 and a 200 day moving average price of $3.91. The firm has a market capitalization of $92.38 million, a price-to-earnings ratio of -16.42 and a beta of 0.61. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.07.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings results on Monday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). Gaia had a negative return on equity of 5.98% and a negative net margin of 6.29%. 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.