Vacasa, Inc. (NASDAQ:VCSA) Short Interest Up 30.6% in January

Vacasa, Inc. (NASDAQ:VCSA) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 889,800 shares, an increase of 30.6% from the December 31st total of 681,200 shares. Approximately 14.1% of the company’s shares are short sold. Based on an average daily trading volume, of 162,600 shares, the days-to-cover ratio is presently 5.5 days.

Analyst Ratings Changes

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

Vacasa Price Performance

VCSA opened at $5.08 on Friday. The company has a fifty day simple moving average of $4.37 and a 200 day simple moving average of $3.61. 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 stock has a market cap of $115.76 million, a P/E ratio of -0.61 and a beta of 0.74. Vacasa has a 12 month low of $2.07 and a 12 month high of $11.70.

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

Institutional Investors Weigh In On Vacasa

Several institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings 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 valued at $568,000 after purchasing an additional 26,575 shares during the last quarter. Renaissance Technologies LLC lifted its position 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 in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Vacasa by 1,286.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 39,909 shares of the company’s stock worth $112,000 after buying an additional 37,031 shares during the last quarter. Barclays PLC grew its holdings in shares of Vacasa by 290.2% in the 3rd quarter. Barclays PLC now owns 12,790 shares of the company’s stock valued at $36,000 after acquiring an additional 9,512 shares in the last quarter. Finally, Stonehearth Capital Management LLC bought a new stake in Vacasa during the fourth quarter worth about $49,000. Institutional investors own 82.48% of the company’s stock.

Vacasa Company Profile

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.