Short Interest Change: Time to Reconsider Vista Outdoor Incorporated (NYSE:VSTO) After More Short Sellers?

November 18, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Change: Time to Reconsider Vista Outdoor Incorporated (NYSE:VSTO) After More Short Sellers?

The stock of Vista Outdoor Incorporated (NYSE:VSTO) registered an increase of 35.97% in short interest. VSTO’s total short interest was 2.22M shares in November as published by FINRA. Its up 35.97% from 1.64M shares, reported previously. With 444,900 shares average volume, it will take short sellers 5 days to cover their VSTO’s short positions. The short interest to Vista Outdoor Incorporated’s float is 3.72%. About 587,183 shares traded hands. Vista Outdoor Inc (NYSE:VSTO) has declined 19.77% since April 18, 2016 and is downtrending. It has underperformed by 24.20% the S&P500.

Vista Outdoor Inc. is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The company has a market cap of $2.44 billion. The Firm operates through two divisions: Shooting Sports and Outdoor Products. It has a 13.45 P/E ratio. The Company’s Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.

Vista Outdoor Inc (NYSE:VSTO) Ratings Coverage

Out of 9 analysts covering Vista Outdoor (NYSE:VSTO), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. Vista Outdoor has been the topic of 13 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by DA Davidson given on Thursday, February 18. The company was maintained on Friday, February 26 by Wunderlich. The rating was maintained by Monness Crespi & Hardt on Friday, August 14 with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $58 target price in Tuesday, August 11 report. The firm has “Market Perform” rating by Cowen & Co given on Monday, March 28. Monness Crespi & Hardt downgraded Vista Outdoor Inc (NYSE:VSTO) on Friday, August 12 to “Neutral” rating. On Thursday, August 13 the stock rating was maintained by Wunderlich with “Buy”. The rating was maintained by Wunderlich on Monday, November 7 with “Buy”. KeyBanc Capital Markets upgraded Vista Outdoor Inc (NYSE:VSTO) on Tuesday, August 30 to “Overweight” rating. The stock of Vista Outdoor Inc (NYSE:VSTO) earned “Buy” rating by CL King on Monday, September 19.

VSTO Company Profile

Vista Outdoor Inc., incorporated on April 24, 2014, is a designer, maker and marketer of consumer products in the outdoor sports and recreation markets. The Firm operates through two divisions: Shooting Sports and Outdoor Products. The Firm serves the outdoor sports and recreation markets through a portfolio of over 40 brands that provide clients with a range of products, including sporting ammunition and firearms, outdoor accessories, outdoor sports optics, golf rangefinders, performance eyewear, hydration products and stand up paddle boards. It serves a range of end consumers, including outdoor enthusiasts, hunters and recreational shooters, athletes, as well as law enforcement and military professionals. The Company’s products are sold through a range of mass, specialty and independent retailers. It also sells certain of its products directly to clients through the relevant brand’s Website.

More notable recent Vista Outdoor Inc (NYSE:VSTO) news were published by: Prnewswire.com which released: “Vista Outdoor Announces FY17 Second Quarter Operating Results” on November 10, 2016, also Marketwatch.com with their article: “How Vista Outdoor could benefit from a Hillary Clinton presidency” published on August 30, 2016, Prnewswire.com published: “Vista Outdoor to Release Second Quarter Fiscal Year 2017 Financial Results” on October 20, 2016. More interesting news about Vista Outdoor Inc (NYSE:VSTO) were released by: Prnewswire.com and their article: “Vista Outdoor to Host Company Investor Day” published on October 06, 2016 as well as Prnewswire.com‘s news article titled: “Vista Outdoor Announces Agreement to Purchase Bell, Giro, C-Preme and …” with publication date: February 25, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Ellis Scott


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>