VTEX (NYSE:VTEX) Short Interest Down 20.5% in March
by Doug Wharley · The Cerbat GemVTEX (NYSE:VTEX – Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,914,646 shares, a decrease of 20.5% from the March 15th total of 2,409,259 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily volume of 1,399,433 shares, the short-interest ratio is currently 1.4 days.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. State of Wyoming acquired a new stake in VTEX in the 2nd quarter valued at $59,000. Aquatic Capital Management LLC purchased a new position in VTEX during the third quarter valued at $41,000. ProShare Advisors LLC purchased a new position in VTEX during the fourth quarter valued at $39,000. Ieq Capital LLC acquired a new stake in shares of VTEX in the fourth quarter valued at about $41,000. Finally, Virtu Financial LLC acquired a new stake in shares of VTEX in the third quarter valued at about $51,000. 63.69% of the stock is owned by institutional investors and hedge funds.
VTEX Stock Performance
Shares of VTEX stock traded up $0.10 on Friday, hitting $4.21. The company had a trading volume of 1,082,474 shares, compared to its average volume of 1,045,894. VTEX has a twelve month low of $2.84 and a twelve month high of $6.82. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.01. The firm has a market cap of $727.42 million, a P/E ratio of 38.23, a price-to-earnings-growth ratio of 0.60 and a beta of 1.17. The company has a 50-day moving average price of $3.68 and a 200-day moving average price of $3.82.
VTEX (NYSE:VTEX – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. VTEX had a return on equity of 8.24% and a net margin of 8.32%.The company had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. As a group, equities research analysts predict that VTEX will post 0.08 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
VTEX has been the subject of a number of research reports. Weiss Ratings downgraded VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 7th. Brean Capital raised shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research report on Wednesday, March 11th. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Finally, UBS Group downgraded shares of VTEX from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $8.00 to $4.00 in a report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $5.97.
Check Out Our Latest Report on VTEX
About VTEX
VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.
Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.