Short Interest in Vasta Platform Limited (NASDAQ:VSTA) Increases By 236.2%

Vasta Platform Limited (NASDAQ:VSTA) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 3,493 shares, a growth of 236.2% from the December 15th total of 1,039 shares. Based on an average trading volume of 3,449 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,449 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Vasta Platform

An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. raised its holdings in shares of Vasta Platform Limited (NASDAQ:VSTA) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,456,702 shares of the company’s stock after acquiring an additional 78,140 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.82% of Vasta Platform worth $7,240,000 at the end of the most recent quarter. 15.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Vasta Platform in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vasta Platform has a consensus rating of “Reduce”.

Vasta Platform Stock Down 1.4%

Shares of NASDAQ:VSTA opened at $4.95 on Tuesday. The firm has a 50 day simple moving average of $4.95 and a 200 day simple moving average of $4.67. Vasta Platform has a 52 week low of $2.12 and a 52 week high of $5.49. 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 cap of $396.99 million, a PE ratio of 4.85, a price-to-earnings-growth ratio of 0.19 and a beta of -0.29.

Vasta Platform (NASDAQ:VSTA) last announced its earnings results on Thursday, November 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $46.85 million for the quarter, compared to analyst estimates of $291.00 million. Vasta Platform had a net margin of 27.31% and a return on equity of 1.53%. As a group, research analysts expect that Vasta Platform will post 0.19 earnings per share for the current year.

Vasta Platform Company Profile

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.