Vista Energy, S.A.B. de C.V. (NYSE:VIST) Sees Significant Decline in Short Interest

Vista Energy, S.A.B. de C.V. (NYSE:VIST) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,630,000 shares, a decrease of 16.0% from the November 30th total of 1,940,000 shares. Based on an average daily volume of 1,030,000 shares, the short-interest ratio is currently 1.6 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VIST shares. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. Bank of America lowered their price target on Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $59.80.

Institutional Investors Weigh In On Vista Energy

Institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its stake in Vista Energy by 18.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after purchasing an additional 1,359 shares during the period. Spire Wealth Management purchased a new position in shares of Vista Energy in the second quarter worth $2,924,000. Rhumbline Advisers raised its holdings in Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after buying an additional 1,208 shares during the last quarter. National Bank of Canada FI purchased a new stake in Vista Energy during the 2nd quarter valued at $5,749,000. Finally, Victory Capital Management Inc. grew its holdings in Vista Energy by 2.6% in the 2nd quarter. Victory Capital Management Inc. now owns 109,657 shares of the company’s stock worth $4,987,000 after acquiring an additional 2,750 shares during the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Price Performance

NYSE VIST traded up $0.08 on Friday, reaching $54.17. 274,998 shares of the company’s stock traded hands, compared to its average volume of 692,078. The stock has a market cap of $5.16 billion, a PE ratio of 10.50, a P/E/G ratio of 0.92 and a beta of 1.75. Vista Energy has a 12 month low of $28.43 and a 12 month high of $59.47. The stock has a 50-day simple moving average of $52.50 and a 200 day simple moving average of $48.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.