Vasta Platform Limited (NASDAQ:VSTA) Short Interest Update

Vasta Platform Limited (NASDAQ:VSTA) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 22,900 shares, a growth of 73.5% from the February 13th total of 13,200 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 87,000 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Vasta Platform

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

Vasta Platform Price Performance

NASDAQ:VSTA opened at $3.36 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.21 and a quick ratio of 0.90. Vasta Platform has a one year low of $1.60 and a one year high of $4.10. The company has a fifty day moving average price of $2.78 and a 200 day moving average price of $2.56. The stock has a market cap of $269.38 million, a P/E ratio of -47.99 and a beta of 0.19.

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.