Vasta Platform Limited (NASDAQ:VSTA - Get Free Report) was the recipient of a large drop in short interest in 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. Approximately 0.2% of the company's stock are short sold. Based on an average daily volume of 30,200 shares, the days-to-cover ratio is currently 0.6 days.
Vasta Platform Stock Up 1.0 %
Shares of NASDAQ:VSTA traded up $0.05 during mid-day trading on Friday, reaching $4.87. 33,691 shares of the stock were exchanged, compared to its average volume of 65,143. The company has a market cap of $390.44 million, a P/E ratio of -69.56 and a beta of -0.11. The stock's 50 day simple moving average is $3.71 and its 200-day simple moving average is $2.90. The company has a quick ratio of 0.90, a current ratio of 1.21 and a debt-to-equity ratio of 0.11. Vasta Platform has a one year low of $1.60 and a one year high of $5.49.
Institutional Trading of Vasta Platform
An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. lifted its holdings in Vasta Platform Limited (NASDAQ:VSTA - Free Report) by 29.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,631,525 shares of the company's stock after acquiring an additional 374,757 shares during the period. JPMorgan Chase & Co. owned approximately 2.04% of Vasta Platform worth $4,291,000 as of its most recent filing with the SEC. 15.80% of the stock is currently owned by institutional investors.
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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