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

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

Vacasa Stock Performance

NASDAQ VCSA opened at $5.16 on Thursday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.04. Vacasa has a twelve month low of $2.07 and a twelve month high of $8.19. The business has a 50-day moving average price of $5.04 and a 200-day moving average price of $3.87. The firm has a market cap of $117.50 million, a price-to-earnings ratio of -0.62 and a beta of 0.75.

Institutional Investors Weigh In On Vacasa

A number of institutional investors have recently added to or reduced their stakes in VCSA. JPMorgan Chase & Co. increased its holdings in Vacasa by 5,550.0% in the 4th quarter. JPMorgan Chase & Co. now owns 233,854 shares of the company’s stock valued at $1,146,000 after acquiring an additional 229,715 shares during the last quarter. CastleKnight Management LP increased its stake in Vacasa by 200.4% in the 4th quarter. CastleKnight Management LP now owns 156,500 shares of the company’s stock worth $767,000 after acquiring an additional 104,400 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Vacasa by 1,286.7% in the third quarter. BNP Paribas Financial Markets now owns 39,909 shares of the company’s stock valued at $112,000 after purchasing an additional 37,031 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Vacasa by 15.1% in the 3rd quarter. Geode Capital Management LLC now owns 202,019 shares of the company’s stock worth $568,000 after buying an additional 26,575 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Vacasa in the 4th quarter worth about $90,000. 82.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

About Vacasa

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.