Short Interest in eDreams ODIGEO S.A. (OTCMKTS:EDDRF) Rises By 145.4%

eDreams ODIGEO S.A. (OTCMKTS:EDDRF) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 29,965 shares, an increase of 145.4% from the December 31st total of 12,213 shares. Based on an average trading volume of 21,576 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 21,576 shares, the days-to-cover ratio is presently 1.4 days.

eDreams ODIGEO Stock Performance

eDreams ODIGEO stock remained flat at $4.01 during trading hours on Friday. 19,000 shares of the company’s stock were exchanged, compared to its average volume of 8,568. eDreams ODIGEO has a 52 week low of $4.01 and a 52 week high of $9.82. The company’s 50-day moving average price is $4.42 and its 200 day moving average price is $7.31.

Analysts Set New Price Targets

Separately, Santander downgraded shares of eDreams ODIGEO to a “neutral” rating in a research note on Wednesday, November 19th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

About eDreams ODIGEO

eDreams ODIGEO is one of Europe’s largest online travel companies, providing a digital platform for booking flights, hotels, car rentals and vacation packages. Through its portfolio of brands—including eDreams, GO Voyages, Opodo and Travellink—the company connects customers with carriers and suppliers, offering dynamic packaging and a range of ancillary services such as travel insurance and airport transfers.

The firm’s technology-driven approach features a mobile-first booking experience, supported by proprietary algorithms and data analytics that optimize pricing and itineraries.