Vista Gold Corp. (NYSE:VGZ) Sees Significant Decrease in Short Interest

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

Wall Street Analysts Forecast Growth

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

Vista Gold Stock Up 0.1%

Vista Gold stock traded up $0.00 during mid-day trading on Friday, hitting $1.00. The company's stock had a trading volume of 446,932 shares, compared to its average volume of 507,215. The stock has a market capitalization of $124.83 million, a P/E ratio of 11.11 and a beta of 1.09. Vista Gold has a twelve month low of $0.46 and a twelve month high of $1.30. The stock's fifty day moving average price is $0.99 and its two-hundred day moving average price is $0.76.

Hedge Funds Weigh In On Vista Gold

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

About Vista Gold

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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