Vacasa, Inc. (NASDAQ:VCSA) Short Interest Down 20.9% in February

Vacasa, Inc. (NASDAQ:VCSA - Get Free Report) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 697,900 shares, a drop of 20.9% from the January 31st total of 882,700 shares. Based on an average daily volume of 206,400 shares, the short-interest ratio is presently 3.4 days. Currently, 8.9% of the company's stock are sold short.

Vacasa Stock Up 0.1 %

NASDAQ:VCSA traded up $0.01 during trading hours on Friday, reaching $5.13. 68,386 shares of the company traded hands, compared to its average volume of 120,435. The business's 50-day moving average price is $5.07 and its two-hundred day moving average price is $3.88. The stock has a market capitalization of $116.71 million, a P/E ratio of -0.62 and a beta of 0.73. Vacasa has a 1 year low of $2.07 and a 1 year high of $8.19. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.04.

Wall Street Analysts Forecast Growth

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

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Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VCSA. Barclays PLC increased its stake in Vacasa by 290.2% during the third quarter. Barclays PLC now owns 12,790 shares of the company's stock worth $36,000 after acquiring an additional 9,512 shares during the last quarter. Stonehearth Capital Management LLC purchased a new stake in Vacasa in the fourth quarter valued at about $49,000. Quinn Opportunity Partners LLC acquired a new position in shares of Vacasa in the 4th quarter valued at $49,000. Millennium Management LLC acquired a new stake in Vacasa during the 4th quarter valued at approximately $55,000. Finally, XTX Topco Ltd acquired a new stake in Vacasa during the fourth quarter worth about $56,000. 82.48% of the stock is owned by hedge funds and other institutional investors.

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.