Short Interest in Vacasa, Inc. (NASDAQ:VCSA) Expands By 30.6%

Vacasa, Inc. (NASDAQ:VCSA) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 889,800 shares, a growth of 30.6% from the December 31st total of 681,200 shares. Currently, 14.1% of the shares of the company are sold short. Based on an average daily volume of 162,600 shares, the short-interest ratio is currently 5.5 days.

Analyst Ratings Changes

A number of analysts have recently commented on VCSA shares. JMP Securities restated a “market perform” rating on shares of Vacasa in a research note on Monday, December 16th. Needham & Company LLC reiterated a “hold” rating on shares of Vacasa in a research note on Monday, December 30th. Finally, The Goldman Sachs Group decreased their price target on shares of Vacasa from $6.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 12th.

Vacasa Trading Down 0.6 %

Shares of Vacasa stock traded down $0.03 during mid-day trading on Friday, hitting $5.02. The stock had a trading volume of 84,112 shares, compared to its average volume of 252,085. The firm has a market cap of $114.31 million, a P/E ratio of -0.60 and a beta of 0.74. Vacasa has a 12-month low of $2.07 and a 12-month high of $11.70. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.04. The firm has a 50-day moving average of $4.41 and a two-hundred day moving average of $3.62.

Vacasa (NASDAQ:VCSA) last announced its earnings results on Thursday, November 7th. The company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.18. The company had revenue of $314.05 million during the quarter, compared to analyst estimates of $320.74 million. Vacasa had a negative net margin of 10.18% and a negative return on equity of 44.16%. During the same quarter last year, the firm posted $18.43 earnings per share. Sell-side analysts forecast that Vacasa will post -1.83 earnings per share for the current year.

Institutional Investors Weigh In On Vacasa

Institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC grew its stake in shares of Vacasa by 15.1% in the third quarter. Geode Capital Management LLC now owns 202,019 shares of the company’s stock worth $568,000 after acquiring an additional 26,575 shares in the last quarter. Renaissance Technologies LLC grew its stake in Vacasa by 41.5% during the 2nd quarter. Renaissance Technologies LLC now owns 66,454 shares of the company’s stock worth $324,000 after buying an additional 19,500 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Vacasa by 1,286.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 39,909 shares of the company’s stock valued at $112,000 after acquiring an additional 37,031 shares during the period. Barclays PLC raised its holdings in shares of Vacasa by 290.2% in the third quarter. Barclays PLC now owns 12,790 shares of the company’s stock valued at $36,000 after buying an additional 9,512 shares during the last quarter. Finally, Stonehearth Capital Management LLC purchased a new stake in Vacasa during the 4th quarter valued at approximately $49,000. Hedge funds and other institutional investors own 82.48% of the company’s stock.

About Vacasa

Vacasa, Inc operates vacation rental management platform in North America, Belize, and Costa Rica. The company enables guests to search, discover, and book its properties on Vacasa.com and its Guest App. Vacasa, Inc was founded in 2009 and is headquartered in Portland, Oregon.