Vasta Platform Limited (NASDAQ:VSTA - Get Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 46,600 shares, an increase of 174.1% from the March 31st total of 17,000 shares. Based on an average daily trading volume, of 38,900 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.6% of the company's shares are sold short.
Hedge Funds Weigh In On Vasta Platform
A hedge fund recently raised its stake in Vasta Platform stock. JPMorgan Chase & Co. lifted its position in shares of Vasta Platform Limited (NASDAQ:VSTA - Free Report) by 29.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,631,525 shares of the company's stock after buying 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 Securities and Exchange Commission (SEC). 15.80% of the stock is owned by institutional investors.
Vasta Platform Stock Down 1.0 %
Shares of VSTA opened at $4.82 on Monday. The stock has a fifty day simple moving average of $3.92 and a two-hundred day simple moving average of $2.98. 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 company has a market capitalization of $386.43 million, a PE ratio of -68.85 and a beta of -0.11. Vasta Platform has a 52-week low of $1.60 and a 52-week high of $5.49.
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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