VTEX (NYSE:VTEX) Sees Significant Decrease in Short Interest

VTEX (NYSE:VTEX) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 2,221,991 shares, a decrease of 13.3% from the January 15th total of 2,562,558 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,036,047 shares, the short-interest ratio is currently 2.1 days. Based on an average daily trading volume, of 1,036,047 shares, the short-interest ratio is currently 2.1 days. Currently, 2.1% of the company’s shares are sold short.

Institutional Investors Weigh In On VTEX

A number of hedge funds have recently added to or reduced their stakes in VTEX. AQR Capital Management LLC raised its position in shares of VTEX by 248.7% during the fourth quarter. AQR Capital Management LLC now owns 123,178 shares of the company’s stock worth $463,000 after purchasing an additional 87,851 shares during the period. Abel Hall LLC bought a new stake in VTEX during the 4th quarter valued at $57,000. Atmos Capital Gestao DE Recursos LTDA. raised its holdings in VTEX by 78.7% during the fourth quarter. Atmos Capital Gestao DE Recursos LTDA. now owns 398,508 shares of the company’s stock worth $1,498,000 after buying an additional 175,481 shares during the last quarter. RPO LLC acquired a new position in VTEX during the fourth quarter worth $65,000. Finally, Jump Financial LLC lifted its stake in shares of VTEX by 23.2% in the fourth quarter. Jump Financial LLC now owns 286,490 shares of the company’s stock valued at $1,077,000 after buying an additional 53,984 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of VTEX from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research note on Saturday. UBS Group cut shares of VTEX from a “buy” rating to a “neutral” rating and cut their price target for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of VTEX in a report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VTEX presently has an average rating of “Moderate Buy” and a consensus price target of $6.16.

VTEX Stock Up 0.2%

Shares of NYSE VTEX traded up $0.01 during trading on Wednesday, hitting $3.04. 160,793 shares of the company traded hands, compared to its average volume of 1,017,327. The firm has a market capitalization of $554.80 million, a price-to-earnings ratio of 33.95 and a beta of 1.34. The business’s fifty day moving average is $3.49 and its 200 day moving average is $4.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.10 and a current ratio of 3.10. VTEX has a fifty-two week low of $2.96 and a fifty-two week high of $6.89.

VTEX Company Profile

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.