Vasta Platform Limited (NASDAQ:VSTA) Short Interest Down 22.6% in October

Vasta Platform Limited (NASDAQ:VSTA - Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 8,200 shares, a decline of 22.6% from the September 30th total of 10,600 shares. Approximately 0.1% of the company's shares are short sold. Based on an average daily trading volume, of 98,800 shares, the short-interest ratio is presently 0.1 days.

Vasta Platform Trading Down 0.9 %

Shares of NASDAQ:VSTA traded down $0.02 during trading on Friday, reaching $2.60. 3,585 shares of the stock were exchanged, compared to its average volume of 63,032. The firm's 50-day moving average price is $2.57 and its 200 day moving average price is $3.05. The firm has a market cap of $210.61 million, a price-to-earnings ratio of -18.57 and a beta of 0.12. Vasta Platform has a 12-month low of $2.11 and a 12-month high of $4.55. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.27 and a current ratio of 1.60.

Vasta Platform (NASDAQ:VSTA - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.07. Vasta Platform had a negative net margin of 2.82% and a positive return on equity of 1.82%. The company had revenue of $56.48 million during the quarter, compared to the consensus estimate of $57.35 million. On average, sell-side analysts anticipate that Vasta Platform will post 0.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered Vasta Platform from an "overweight" rating to an "underweight" rating in a research report on Tuesday, August 27th.

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.