Inspirato Incorporated (NASDAQ:ISPO) Sees Large Decrease in Short Interest

Inspirato Incorporated (NASDAQ:ISPO) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 16,714 shares, a decline of 56.5% from the November 30th total of 38,444 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 13,331 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 13,331 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.3% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Inspirato in a research note on Monday, December 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Inspirato presently has an average rating of “Sell”.

Hedge Funds Weigh In On Inspirato

A number of institutional investors have recently modified their holdings of the stock. Bank of Montreal Can purchased a new stake in shares of Inspirato in the second quarter valued at approximately $710,000. Geode Capital Management LLC increased its holdings in Inspirato by 7.8% during the 2nd quarter. Geode Capital Management LLC now owns 50,960 shares of the company’s stock worth $174,000 after purchasing an additional 3,666 shares during the period. Finally, GSA Capital Partners LLP raised its position in Inspirato by 45.7% during the 3rd quarter. GSA Capital Partners LLP now owns 23,171 shares of the company’s stock valued at $69,000 after purchasing an additional 7,268 shares in the last quarter. 39.54% of the stock is owned by hedge funds and other institutional investors.

Inspirato Stock Performance

Inspirato stock remained flat at $4.16 during mid-day trading on Friday. The company’s stock had a trading volume of 225,971 shares, compared to its average volume of 551,075. The company has a 50 day simple moving average of $2.93 and a 200 day simple moving average of $3.08. Inspirato has a 12 month low of $2.19 and a 12 month high of $7.17. The company has a market capitalization of $52.54 million, a PE ratio of -4.78 and a beta of 0.02.

Inspirato (NASDAQ:ISPO) last issued its earnings results on Tuesday, November 4th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.01). The firm had revenue of $54.75 million for the quarter, compared to analysts’ expectations of $60.06 million. Analysts expect that Inspirato will post -2.35 earnings per share for the current fiscal year.

Inspirato Company Profile

Inspirato (NASDAQ: ISPO) is a membership-based luxury travel company that curates high-end vacation experiences for discerning travelers. Leveraging a subscription model, Inspirato provides access to a portfolio of premium residences, boutique hotels and resorts, private villas, and bespoke travel itineraries. The company negotiates volume-based rates and exclusive amenities with its lodging and service partners, allowing members to enjoy elevated hospitality at more predictable costs than traditional luxury bookings.

At the core of Inspirato’s offering is the Inspirato Pass, a fixed-fee subscription program that grants members unlimited stays at participating properties worldwide.