Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX) Short Interest Up 28.0% in May

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX - Get Free Report) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,140,000 shares, an increase of 28.0% from the May 15th total of 890,600 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily volume of 212,300 shares, the short-interest ratio is presently 5.4 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. ABC Arbitrage SA acquired a new stake in Corporacion Inmobiliaria Vesta in the 1st quarter valued at approximately $1,291,000. Anson Funds Management LP acquired a new stake in Corporacion Inmobiliaria Vesta in the 1st quarter valued at approximately $1,251,000. Centersquare Investment Management LLC grew its holdings in Corporacion Inmobiliaria Vesta by 8.5% in the 4th quarter. Centersquare Investment Management LLC now owns 442,212 shares of the company's stock valued at $11,321,000 after buying an additional 34,620 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in Corporacion Inmobiliaria Vesta in the 4th quarter valued at approximately $490,000. Finally, Marshall Wace LLP grew its holdings in Corporacion Inmobiliaria Vesta by 12.5% in the 4th quarter. Marshall Wace LLP now owns 168,194 shares of the company's stock valued at $4,306,000 after buying an additional 18,682 shares during the last quarter. Institutional investors and hedge funds own 6.61% of the company's stock.

Corporacion Inmobiliaria Vesta Stock Down 2.5%

Shares of NYSE VTMX traded down $0.68 during mid-day trading on Friday, reaching $26.78. 70,647 shares of the company traded hands, compared to its average volume of 195,373. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market cap of $23.13 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 4.37 and a beta of 0.76. The company's fifty day moving average is $27.53 and its two-hundred day moving average is $25.67. Corporacion Inmobiliaria Vesta has a fifty-two week low of $21.30 and a fifty-two week high of $32.84.

Corporacion Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.33). The company had revenue of $60.60 million for the quarter, compared to analyst estimates of $1.46 billion. Corporacion Inmobiliaria Vesta had a net margin of 43.85% and a return on equity of 4.34%. On average, analysts expect that Corporacion Inmobiliaria Vesta will post 2.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on VTMX shares. Scotiabank raised Corporacion Inmobiliaria Vesta to a "strong-buy" rating in a research report on Sunday, April 13th. The Goldman Sachs Group reissued a "sell" rating and set a $21.00 price objective (down previously from $31.00) on shares of Corporacion Inmobiliaria Vesta in a report on Tuesday, March 25th. Finally, Barclays lowered their price objective on Corporacion Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating on the stock in a report on Thursday, March 6th.

Corporacion Inmobiliaria Vesta Company Profile

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.