Short Interest in Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Expands By 42.3%

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Get Free Report) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 836,400 shares, an increase of 42.3% from the January 31st total of 587,800 shares. Based on an average daily volume of 187,400 shares, the short-interest ratio is currently 4.5 days.

Analyst Upgrades and Downgrades

Separately, Barclays cut their price objective on Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Thursday.

Corporación Inmobiliaria Vesta Trading Up 0.3 %

Shares of VTMX stock traded up $0.07 during trading hours on Friday, hitting $24.65. The company had a trading volume of 76,335 shares, compared to its average volume of 173,767. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.68 and a quick ratio of 4.59. The stock has a market capitalization of $21.30 billion, a PE ratio of 10.53 and a beta of 1.04. The company's fifty day moving average is $25.20 and its 200 day moving average is $25.84. Corporación Inmobiliaria Vesta has a fifty-two week low of $22.56 and a fifty-two week high of $41.44.

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.76) EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($1.10). Corporación Inmobiliaria Vesta had a return on equity of 8.52% and a net margin of 88.52%. The firm had revenue of $65.20 million for the quarter, compared to analyst estimates of $66.43 million. Research analysts expect that Corporación Inmobiliaria Vesta will post 2.2 earnings per share for the current fiscal year.

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Hedge Funds Weigh In On Corporación Inmobiliaria Vesta

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new position in shares of Corporación Inmobiliaria Vesta in the fourth quarter valued at approximately $490,000. Marshall Wace LLP increased its stake in shares of Corporación Inmobiliaria Vesta by 12.5% during the fourth quarter. Marshall Wace LLP now owns 168,194 shares of the company's stock worth $4,306,000 after buying an additional 18,682 shares during the period. Finally, Centersquare Investment Management LLC raised its holdings in Corporación Inmobiliaria Vesta by 8.5% in the fourth quarter. Centersquare Investment Management LLC now owns 442,212 shares of the company's stock valued at $11,321,000 after acquiring an additional 34,620 shares in the last quarter. 6.61% of the stock is currently owned by hedge funds and other institutional investors.

About Corporación Inmobiliaria Vesta

Corporación Inmobiliaria Vesta, SAB. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.