Short Interest in Vista Energy, S.A.B. de C.V. (NYSE:VIST) Drops By 21.1%

Vista Energy, S.A.B. de C.V. (NYSE:VIST) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,940,000 shares, a decrease of 21.1% from the November 15th total of 2,460,000 shares. Based on an average daily volume of 1,000,000 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of VIST. TT International Asset Management LTD lifted its position in shares of Vista Energy by 2.3% during the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after purchasing an additional 43,664 shares in the last quarter. Geode Capital Management LLC boosted its position in Vista Energy by 11.4% in the 3rd quarter. Geode Capital Management LLC now owns 14,003 shares of the company’s stock valued at $619,000 after buying an additional 1,437 shares during the last quarter. State Street Corp increased its stake in shares of Vista Energy by 53.9% in the 3rd quarter. State Street Corp now owns 100,965 shares of the company’s stock valued at $4,461,000 after buying an additional 35,342 shares during the period. Itau Unibanco Holding S.A. increased its position in Vista Energy by 204.1% in the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company’s stock worth $2,916,000 after purchasing an additional 44,300 shares during the period. Finally, HighTower Advisors LLC lifted its position in Vista Energy by 13.7% during the 3rd quarter. HighTower Advisors LLC now owns 43,062 shares of the company’s stock valued at $1,908,000 after purchasing an additional 5,202 shares during the period. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Price Performance

Shares of VIST traded down $0.43 during mid-day trading on Friday, reaching $57.98. The company had a trading volume of 801,467 shares, compared to its average volume of 694,845. The company has a market capitalization of $5.52 billion, a P/E ratio of 11.23, a P/E/G ratio of 0.92 and a beta of 1.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The company’s 50-day moving average is $51.21 and its 200-day moving average is $48.04. Vista Energy has a twelve month low of $28.43 and a twelve month high of $59.47.

Analysts Set New Price Targets

Several analysts recently weighed in on VIST shares. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and increased their target price for the company from $55.00 to $60.00 in a research note on Friday, September 27th. Bank of America reduced their target price on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. began coverage on Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.80.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.