Travelzoo (NASDAQ:TZOO) Short Interest Down 5.6% in June

Travelzoo (NASDAQ:TZOO) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 397,800 shares, a decline of 5.6% from the May 15th total of 421,400 shares. Based on an average daily trading volume, of 97,400 shares, the days-to-cover ratio is presently 4.1 days. Approximately 7.1% of the shares of the company are short sold.

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 12,811 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $19.08, for a total value of $244,433.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 233,811 shares of company stock worth $4,454,108 over the last three months. Corporate insiders own 55.58% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Group One Trading L.P. purchased a new position in shares of Travelzoo during the 1st quarter worth approximately $57,000. AJO LP lifted its position in Travelzoo by 39.7% in the 1st quarter. AJO LP now owns 207,095 shares of the information services provider’s stock valued at $2,775,000 after acquiring an additional 58,849 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in Travelzoo by 11.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 20,191 shares of the information services provider’s stock valued at $271,000 after acquiring an additional 2,067 shares in the last quarter. Acadian Asset Management LLC lifted its position in Travelzoo by 32.0% in the 1st quarter. Acadian Asset Management LLC now owns 222,060 shares of the information services provider’s stock valued at $2,975,000 after acquiring an additional 53,791 shares in the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of Travelzoo during the 1st quarter valued at $243,000. Hedge funds and other institutional investors own 35.36% of the company’s stock.

Travelzoo stock traded down $0.40 during mid-day trading on Friday, reaching $14.24. 58,674 shares of the company’s stock were exchanged, compared to its average volume of 77,799. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.72. The stock’s fifty day simple moving average is $15.88. The firm has a market capitalization of $168.96 million, a P/E ratio of 32.36 and a beta of 1.09. Travelzoo has a twelve month low of $7.00 and a twelve month high of $22.85.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Thursday, April 25th. The information services provider reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.13. Travelzoo had a net margin of 4.74% and a return on equity of 34.03%. The company had revenue of $30.80 million for the quarter, compared to the consensus estimate of $31.40 million. During the same period last year, the firm posted $0.20 EPS. Travelzoo’s revenue for the quarter was up .0% on a year-over-year basis.

Separately, ValuEngine raised shares of Yirendai from a “strong sell” rating to a “sell” rating in a research note on Friday, May 3rd.

About Travelzoo

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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