Vasta Platform Limited (NASDAQ:VSTA - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 46,600 shares, a growth of 174.1% from the March 31st total of 17,000 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 38,900 shares, the days-to-cover ratio is presently 1.2 days.
Vasta Platform Price Performance
Shares of NASDAQ:VSTA traded down $0.01 during midday trading on Friday, hitting $4.55. The company's stock had a trading volume of 8,386 shares, compared to its average volume of 66,613. Vasta Platform has a 12-month low of $1.60 and a 12-month high of $5.49. The company has a market cap of $364.92 million, a P/E ratio of -64.99 and a beta of -0.11. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 1.21. The business's 50 day simple moving average is $4.06 and its 200 day simple moving average is $3.03.
Institutional Investors Weigh In On Vasta Platform
An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. increased its position in shares of Vasta Platform Limited (NASDAQ:VSTA - Free Report) by 29.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,631,525 shares of the company's stock after acquiring an additional 374,757 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.04% of Vasta Platform worth $4,291,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 15.80% of the company's stock.
About Vasta Platform
(
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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.
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