From MarketBeat:

Vitesse Energy, Inc. experienced a 35.1% increase in short interest in January, totaling 1,500,000 shares. 5.9% of shares are currently sold short, resulting in a days-to-cover ratio of 6.3 days based on a daily volume average of 239,000 shares.

Institutional investors and hedge funds own 52.55% of Vitesse Energy stock. This includes firms like Inlet Private Wealth LLC, Quent Capital LLC, and Raymond James Financial Services Advisors Inc.

The stock has been rated “buy” by five research analysts, with a price target of $26.10. Shares of VTS traded down 1.2%, at $21.50 on Friday, January 15th.

Vitesse Energy’s last quarterly earnings showed a net margin of -7.35%. Analysts anticipate a $0.79 EPS for the fiscal year.

Vitesse Energy recently paid a quarterly dividend of $0.50, with an annualized dividend yield of 9.30%.

Vitesse Energy primarily focuses on acquiring, owning, and disposing of oil & gas properties.

Vitesse Energy remains a “Buy,” but MarketBeat has identified 5 other stocks that top-rated analysts believe are better buys.



Read more: Short Interest in Vitesse Energy, Inc. (NYSE:VTS) Grows By 35.1%