Inspirato Incorporated (NASDAQ:ISPO) Short Interest Down 28.5% in January

Inspirato Incorporated (NASDAQ:ISPO) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 65,816 shares, a drop of 28.5% from the December 31st total of 92,090 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 96,156 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 96,156 shares, the short-interest ratio is presently 0.7 days. Currently, 1.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Inspirato in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Inspirato presently has a consensus rating of “Sell”.

Institutional Trading of Inspirato

A number of hedge funds have recently modified their holdings of ISPO. Bank of Montreal Can bought a new position in Inspirato during the 2nd quarter worth approximately $710,000. Geode Capital Management LLC raised its holdings in Inspirato by 7.8% in the second 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 boosted its position in shares of Inspirato by 45.7% during the third quarter. GSA Capital Partners LLP now owns 23,171 shares of the company’s stock worth $69,000 after purchasing an additional 7,268 shares in the last quarter. 39.54% of the stock is currently owned by institutional investors and hedge funds.

Inspirato Stock Performance

Shares of Inspirato stock opened at $4.24 on Friday. Inspirato has a 52 week low of $2.19 and a 52 week high of $5.35. The stock has a market capitalization of $53.55 million, a price-to-earnings ratio of -4.87 and a beta of -0.03. The firm has a fifty day moving average of $3.72 and a two-hundred day moving average of $3.16.

Inspirato (NASDAQ:ISPO) last announced its quarterly earnings data on Tuesday, November 4th. The company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.01). The company had revenue of $54.75 million during the quarter, compared to analyst estimates of $60.06 million. As a group, research analysts forecast that Inspirato will post -2.35 EPS 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.