Vasta Platform Limited (NASDAQ:VSTA) Short Interest Update

Vasta Platform Limited (NASDAQ:VSTA) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 13,200 shares, a drop of 48.0% from the January 31st total of 25,400 shares. Based on an average trading volume of 86,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Vasta Platform Stock Performance

Shares of VSTA stock opened at $3.00 on Monday. The firm has a 50-day moving average of $2.57 and a 200-day moving average of $2.53. Vasta Platform has a one year low of $1.60 and a one year high of $4.10. The company has a market cap of $240.12 million, a P/E ratio of -42.78 and a beta of 0.21. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.21 and a quick ratio of 0.90.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. raised its holdings in Vasta Platform Limited (NASDAQ:VSTA) by 29.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,631,525 shares of the company’s stock after purchasing an additional 374,757 shares during the period. JPMorgan Chase & Co. owned 2.04% of Vasta Platform worth $4,291,000 at the end of the most recent reporting period. Institutional investors own 15.80% of the company’s stock.

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.