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Short Interest in Vista Gold Corp. (NYSE:VGZ) Declines By 66.2%

Vista Gold logo with Basic Materials background

Vista Gold Corp. (NYSE:VGZ - Get Free Report) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 63,200 shares, a decrease of 66.2% from the May 15th total of 187,200 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 858,900 shares, the days-to-cover ratio is currently 0.1 days.

Vista Gold Price Performance

Shares of Vista Gold stock traded up $0.02 during trading on Monday, reaching $1.02. 600,585 shares of the company traded hands, compared to its average volume of 509,050. The company has a 50 day moving average price of $0.99 and a 200-day moving average price of $0.76. The firm has a market capitalization of $127.33 million, a PE ratio of 11.33 and a beta of 1.09. Vista Gold has a 1-year low of $0.46 and a 1-year high of $1.30.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reissued a "buy" rating and issued a $2.75 price objective on shares of Vista Gold in a research note on Thursday, May 1st.

Read Our Latest Stock Analysis on VGZ

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VGZ. Two Sigma Securities LLC purchased a new position in Vista Gold during the fourth quarter valued at $25,000. Jane Street Group LLC bought a new stake in Vista Gold during the 1st quarter valued at $30,000. Raymond James Financial Inc. purchased a new stake in shares of Vista Gold in the 4th quarter worth approximately $38,000. XTX Topco Ltd bought a new position in shares of Vista Gold during the 1st quarter worth approximately $74,000. Finally, Sprott Inc. acquired a new stake in Vista Gold in the fourth quarter worth about $86,000. Institutional investors own 27.29% of the company's stock.

About Vista Gold

(Get Free Report)

Vista Gold Corp., together with its subsidiaries, acquires, explores, evaluates, and advances gold exploration and development projects in Australia. Its flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia. The company was incorporated in 1983 and is based in Englewood, Colorado.

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