Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Short Interest Update

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 229,300 shares, a decline of 38.6% from the January 15th total of 373,500 shares. Based on an average trading volume of 636,200 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VLRS. UBS Group lifted their target price on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. StockNews.com downgraded shares of Controladora Vuela Compañía de Aviación from a "strong-buy" rating to a "buy" rating in a report on Thursday, January 23rd. Itau BBA Securities started coverage on shares of Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They set an "outperform" rating and a $12.00 price target for the company. JPMorgan Chase & Co. lifted their price target on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th. Finally, Barclays reiterated an "overweight" rating and set a $12.00 price target on shares of Controladora Vuela Compañía de Aviación in a report on Thursday, October 24th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $13.14.

Controladora Vuela Compañía de Aviación Trading Up 4.8 %

Controladora Vuela Compañía de Aviación stock traded up $0.37 during trading on Monday, reaching $8.11. The company had a trading volume of 911,643 shares, compared to its average volume of 538,204. Controladora Vuela Compañía de Aviación has a 12-month low of $5.15 and a 12-month high of $9.57. The stock's 50 day moving average price is $8.13 and its two-hundred day moving average price is $7.19. The firm has a market capitalization of $946.09 million, a price-to-earnings ratio of 4.89 and a beta of 2.45. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VLRS. AQR Capital Management LLC acquired a new position in Controladora Vuela Compañía de Aviación during the second quarter valued at approximately $408,000. Inspire Advisors LLC lifted its position in Controladora Vuela Compañía de Aviación by 25.4% during the third quarter. Inspire Advisors LLC now owns 23,941 shares of the transportation company's stock valued at $152,000 after buying an additional 4,856 shares in the last quarter. Aigen Investment Management LP acquired a new position in Controladora Vuela Compañía de Aviación during the third quarter valued at approximately $92,000. MQS Management LLC acquired a new position in Controladora Vuela Compañía de Aviación during the third quarter valued at approximately $108,000. Finally, BNP Paribas Financial Markets lifted its position in Controladora Vuela Compañía de Aviación by 157.9% during the third quarter. BNP Paribas Financial Markets now owns 84,252 shares of the transportation company's stock valued at $533,000 after buying an additional 51,580 shares in the last quarter. 53.32% of the stock is owned by institutional investors and hedge funds.

Controladora Vuela Compañía de Aviación Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.