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

Vasta Platform Limited (NASDAQ:VSTA) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 13,400 shares, an increase 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. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Vasta Platform

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

Vasta Platform Stock Up 0.4 %

NASDAQ:VSTA opened at $2.36 on Wednesday. The company has a market cap of $189.21 million, a PE ratio of -33.71 and a beta of 0.17. Vasta Platform has a twelve month low of $1.60 and a twelve month high of $4.31. The company has a current ratio of 1.21, a quick ratio of 0.90 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $2.33 and its two-hundred day moving average is $2.59.

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.