Vasta Platform Limited (NASDAQ:VSTA) Short Interest Up 168.0% in December

Vasta Platform Limited (NASDAQ:VSTA) was the recipient of 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. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 82,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Vasta Platform

A hedge fund recently raised its stake 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 its most recent 13F filing with the SEC. The firm owned 1,631,525 shares of the company’s stock after buying 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 quarter. Institutional investors own 15.80% of the company’s stock.

Vasta Platform Trading Up 3.4 %

VSTA opened at $2.44 on Thursday. Vasta Platform has a 12 month low of $1.60 and a 12 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 stock has a 50-day moving average of $2.33 and a 200 day moving average of $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.