Vasta Platform Limited (NASDAQ:VSTA) Sees Significant Decline in Short Interest

Vasta Platform Limited (NASDAQ:VSTA - Get Free Report) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 5,800 shares, a decline of 32.6% from the October 31st total of 8,600 shares. Based on an average daily volume of 77,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

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

Vasta Platform Stock Performance

NASDAQ VSTA traded down $0.04 during midday trading on Friday, hitting $2.51. The company had a trading volume of 1,515 shares, compared to its average volume of 11,072. 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 firm has a fifty day simple moving average of $2.58 and a two-hundred day simple moving average of $2.85. Vasta Platform has a fifty-two week low of $2.11 and a fifty-two week high of $4.55.

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.