Vasta Platform Limited (NASDAQ:VSTA – Get Free Report) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 17,000 shares, a drop of 39.1% from the March 15th total of 27,900 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 30,200 shares, the short-interest ratio is currently 0.6 days.
Vasta Platform Stock Performance
Shares of VSTA traded up $0.05 during trading hours on Friday, hitting $4.87. The company had a trading volume of 33,691 shares, compared to its average volume of 64,698. The business has a fifty day moving average of $3.67 and a 200-day moving average of $2.88. The company has a quick ratio of 0.90, a current ratio of 1.21 and a debt-to-equity ratio of 0.11. The firm has a market cap of $390.44 million, a price-to-earnings ratio of -69.56 and a beta of -0.11. Vasta Platform has a 12 month low of $1.60 and a 12 month high of $5.49.
Institutional Trading of Vasta Platform
A hedge fund recently raised its stake in Vasta Platform stock. JPMorgan Chase & Co. increased its holdings in shares of Vasta Platform Limited (NASDAQ:VSTA – Free Report) by 29.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. 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 about 2.04% of Vasta Platform worth $4,291,000 as of its most recent filing with the SEC. Institutional investors own 15.80% of the company’s stock.
About Vasta Platform
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.
Further Reading
- Five stocks we like better than Vasta Platform
- Trading Halts Explained
- 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks
- What is a Special Dividend?
- These 3 Stocks Have Huge Last 12 Months Shareholder Yields
- Stock Market Sectors: What Are They and How Many Are There?
- Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?
Receive News & Ratings for Vasta Platform Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vasta Platform and related companies with MarketBeat.com's FREE daily email newsletter.
