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

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) saw a significant increase in short interest in 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 trading volume, of 187,400 shares, the short-interest ratio is presently 4.5 days.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered their price target on shares of Corporación Inmobiliaria Vesta from $38.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 27th.

Institutional Trading of Corporación Inmobiliaria Vesta

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in Corporación Inmobiliaria Vesta during the fourth quarter worth approximately $490,000. Marshall Wace LLP boosted its position in 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 acquiring an additional 18,682 shares during the last quarter. Finally, Centersquare Investment Management LLC boosted its position in Corporación Inmobiliaria Vesta by 8.5% during the fourth quarter. Centersquare Investment Management LLC now owns 442,212 shares of the company’s stock worth $11,321,000 after acquiring an additional 34,620 shares during the last quarter. Institutional investors and hedge funds own 6.61% of the company’s stock.

Corporación Inmobiliaria Vesta Price Performance

Shares of VTMX stock traded down $0.23 during trading hours on Tuesday, hitting $23.03. The company’s stock had a trading volume of 1,857,446 shares, compared to its average volume of 173,507. The business has a fifty day moving average of $25.34 and a 200-day moving average of $25.91. The stock has a market cap of $19.90 billion, a price-to-earnings ratio of 9.84 and a beta of 0.95. Corporación Inmobiliaria Vesta has a twelve month low of $22.56 and a twelve month high of $41.44. The company has a current ratio of 2.68, a quick ratio of 4.59 and a debt-to-equity ratio of 0.31.

Corporación Inmobiliaria Vesta (NYSE:VTMX) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.76) EPS for the quarter, missing the consensus estimate of $0.34 by ($1.10). The business had revenue of $65.20 million during the quarter, compared to analyst estimates of $66.43 million. Corporación Inmobiliaria Vesta had a net margin of 88.52% and a return on equity of 8.52%. As a group, equities research analysts anticipate that Corporación Inmobiliaria Vesta will post 2.2 EPS for the current year.

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.