Vasta Platform Limited (NASDAQ:VSTA) Sees Large Drop in Short Interest

Vasta Platform Limited (NASDAQ:VSTA) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 5,800 shares, a drop of 32.6% from the October 31st total of 8,600 shares. Based on an average daily volume of 77,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded Vasta Platform from an “overweight” rating to an “underweight” rating in a research note on Tuesday, August 27th.

Vasta Platform Stock Performance

Shares of NASDAQ VSTA opened at $2.51 on Friday. The company has a market cap of $203.31 million, a P/E ratio of -35.85 and a beta of 0.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 1.21. The firm’s fifty day moving average is $2.58 and its two-hundred day moving average is $2.84. Vasta Platform has a 52-week low of $2.11 and a 52-week high of $4.55.

About Vasta Platform

Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.