Vasta Platform Limited (NASDAQ:VSTA) Short Interest Update

Vasta Platform Limited (NASDAQ:VSTA) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 13,400 shares, an increase of 168.0% from the December 31st total of 5,000 shares. Based on an average trading volume of 82,000 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Vasta Platform Trading Down 2.9 %

NASDAQ VSTA traded down $0.08 during trading hours on Thursday, hitting $2.72. 10,371 shares of the company were exchanged, compared to its average volume of 18,580. The stock has a market cap of $218.06 million, a PE ratio of -38.85 and a beta of 0.17. Vasta Platform has a 52 week low of $1.60 and a 52 week high of $4.15. The stock has a 50-day moving average price of $2.33 and a 200 day moving average price of $2.55. The company has a quick ratio of 0.90, a current ratio of 1.21 and a debt-to-equity ratio of 0.11.

Vasta Platform (NASDAQ:VSTA) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.03. Vasta Platform had a positive return on equity of 1.61% and a negative net margin of 3.32%. The company had revenue of $39.71 million during the quarter, compared to the consensus estimate of $41.76 million. During the same period last year, the company earned ($0.07) earnings per share. Analysts forecast that Vasta Platform will post 0.22 earnings per share for the current fiscal year.

Institutional Trading of Vasta Platform

An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. boosted its position in shares of Vasta Platform Limited (NASDAQ:VSTA) by 29.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,631,525 shares of the company’s stock after acquiring an additional 374,757 shares during the period. JPMorgan Chase & Co. owned 2.04% of Vasta Platform worth $4,291,000 as of its most recent filing with the Securities & Exchange Commission. 15.80% of the stock is owned by institutional investors.

Vasta Platform Company Profile

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.