Vasta Platform Limited (NASDAQ:VSTA) Sees Large Drop in Short Interest

Vasta Platform Limited (NASDAQ:VSTA) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 5,800 shares, a decrease of 32.6% from the October 31st total of 8,600 shares. Based on an average trading volume of 77,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Vasta Platform Trading Up 1.2 %

VSTA stock opened at $2.55 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.90 and a debt-to-equity ratio of 0.11. Vasta Platform has a 1 year low of $2.11 and a 1 year high of $4.55. The stock has a 50-day simple moving average of $2.58 and a 200-day simple moving average of $2.86.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut shares of 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.