Inspirato Incorporated (NASDAQ:ISPO) Short Interest Update

Inspirato Incorporated (NASDAQ:ISPO) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 772,900 shares, a growth of 332.3% from the July 15th total of 178,800 shares. Based on an average trading volume of 724,000 shares, the short-interest ratio is currently 1.1 days. Approximately 40.9% of the company’s stock are short sold.

Inspirato Price Performance

Shares of NASDAQ:ISPO traded down $0.08 during trading on Tuesday, reaching $3.35. 138,110 shares of the company’s stock traded hands, compared to its average volume of 314,995. The stock has a market capitalization of $21.94 million, a P/E ratio of -0.23 and a beta of -0.11. Inspirato has a 12 month low of $3.15 and a 12 month high of $17.50. The company has a 50 day moving average of $4.00 and a 200-day moving average of $4.05.

Insider Buying and Selling at Inspirato

In related news, major shareholder Institutional Venture Partners sold 12,603 shares of Inspirato stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $3.92, for a total value of $49,403.76. Following the completion of the transaction, the insider now directly owns 393,551 shares in the company, valued at $1,542,719.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 37,806 shares of company stock worth $148,624 in the last ninety days. 34.23% of the stock is owned by insiders.

Inspirato Company Profile

Inspirato Incorporated, together with its subsidiaries, operates as a subscription-based luxury travel company. The company's portfolio includes luxury vacation homes, and accommodations at luxury hotels and resorts, as well as luxury safaris, cruises, custom-designed itineraries, and other experiences.