Short Interest in Vasta Platform Limited (NASDAQ:VSTA) Rises By 168.0%

Vasta Platform Limited (NASDAQ:VSTA) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 13,400 shares, a growth of 168.0% from the December 15th total of 5,000 shares. Based on an average daily volume of 82,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Vasta Platform

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

Vasta Platform Stock Up 3.1 %

VSTA opened at $2.35 on Tuesday. Vasta Platform has a twelve month low of $1.60 and a twelve month high of $4.31. The firm has a market cap of $188.40 million, a price-to-earnings ratio of -33.57 and a beta of 0.17. The firm’s 50-day simple moving average is $2.33 and its 200-day simple moving average is $2.59. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 1.21.

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.