Vasta Platform Limited (NASDAQ:VSTA) Short Interest Update

Vasta Platform Limited (NASDAQ:VSTA) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 1,039 shares, a drop of 93.7% from the November 30th total of 16,532 shares. Based on an average daily trading volume, of 13,869 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 13,869 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Vasta Platform in a research report on Monday. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vasta Platform presently has an average rating of “Reduce”.

Hedge Funds Weigh In On Vasta Platform

A hedge fund recently raised its stake in Vasta Platform stock. JPMorgan Chase & Co. boosted its position in shares of Vasta Platform Limited (NASDAQ:VSTA) by 5.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,456,702 shares of the company’s stock after purchasing an additional 78,140 shares during the quarter. JPMorgan Chase & Co. owned about 1.82% of Vasta Platform worth $7,240,000 at the end of the most recent reporting period. 15.80% of the stock is owned by institutional investors.

Vasta Platform Stock Down 0.1%

Shares of VSTA traded down $0.01 during mid-day trading on Wednesday, reaching $4.95. The company had a trading volume of 7,716 shares, compared to its average volume of 30,918. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.18 and a current ratio of 1.50. The company has a market capitalization of $396.59 million, a price-to-earnings ratio of 4.85, a price-to-earnings-growth ratio of 0.23 and a beta of -0.28. The firm has a 50-day moving average price of $4.95 and a 200 day moving average price of $4.60. Vasta Platform has a 52 week low of $2.00 and a 52 week high of $5.49.

Vasta Platform (NASDAQ:VSTA) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Vasta Platform had a net margin of 27.31% and a return on equity of 1.53%. The company had revenue of $46.85 million for the quarter, compared to the consensus estimate of $291.00 million. On average, sell-side analysts forecast that Vasta Platform will post 0.19 EPS for the current year.

About Vasta Platform

Vasta Platform, Inc (NASDAQ: VSTA) is a technology company specializing in cloud-based talent acquisition solutions for the staffing and recruiting industry. The company’s origins trace back to The SysLogic Group, founded in 1980 to deliver workforce management and software services. In January 2023, its recruiting software division was rebranded as Vasta Platform, marking a strategic focus on AI-driven hiring and workforce optimization.

At the core of Vasta’s offering is an integrated software suite designed to streamline the entire recruiting lifecycle.