Gaia Inc – Class A (NASDAQ:GAIA) Reports Increase in Sellers; Strong Momentum for Short Players

July 27, 2018 - By Mary Kidd

Gaia, Inc. (NASDAQ:GAIA) Logo

The stock of Gaia Inc – Class A (NASDAQ:GAIA) registered an increase of 7.93% in short interest. GAIA’s total short interest was 798,700 shares in July as published by FINRA. Its up 7.93% from 740,000 shares, reported previously. With 79,900 shares average volume, it will take short sellers 10 days to cover their GAIA’s short positions. The short interest to Gaia Inc – Class A’s float is 9.06%.

The stock decreased 5.78% or $1.2 during the last trading session, reaching $19.55. About 205,576 shares traded or 116.15% up from the average. Gaia, Inc. (NASDAQ:GAIA) has risen 76.96% since July 27, 2017 and is uptrending. It has outperformed by 64.39% the S&P500.

Gaia, Inc. operates a digital video subscription service and on-line community that caters to a unique and underserved subscriber base worldwide. The company has market cap of $349.63 million. The firm has a digital content library of approximately 7,700 titles available to its subscribers on Internet-connected devices anytime, anywhere commercial free. It currently has negative earnings. The Company’s subscribers have unlimited access to a library of inspiring films, cutting edge documentaries, interviews, yoga classes, transformation related content, and others that are available to its subscribers for digital streaming.

Gaia, Inc. (NASDAQ:GAIA) Ratings Coverage

Among 3 analysts covering Gaia (NASDAQ:GAIA), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Gaia had 5 analyst reports since March 26, 2018 according to SRatingsIntel. Roth Capital initiated the stock with “Buy” rating in Friday, April 27 report. FBR Capital maintained it with “Buy” rating and $2600 target in Thursday, June 7 report. The firm has “Buy” rating by FBR Capital given on Thursday, May 3.

Another recent and important Gaia, Inc. (NASDAQ:GAIA) news was published by Nasdaq.com which published an article titled: “Gaia Sets Second Quarter 2018 Conference Call for Monday, August 6, 2018, at 4:30 pm ET” on July 23, 2018.

Gaia, Inc. (NASDAQ:GAIA) Ratings Chart

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