Vasta Platform Limited (NASDAQ:VSTA) Short Interest Update

Vasta Platform Limited (NASDAQ:VSTA) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 6,335 shares, a growth of 81.4% from the December 31st total of 3,493 shares. Based on an average daily volume of 12,575 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 12,575 shares, the short-interest ratio is currently 0.5 days.

Vasta Platform Price Performance

Shares of VSTA stock remained flat at $4.90 during trading hours on Friday. Vasta Platform has a 52-week low of $2.55 and a 52-week high of $5.49. The company has a 50 day moving average price of $4.94 and a 200-day moving average price of $4.74. The stock has a market cap of $392.98 million, a P/E ratio of 4.80, a PEG ratio of 0.22 and a beta of -0.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.50 and a quick ratio of 1.18.

Vasta Platform (NASDAQ:VSTA) last issued its earnings results 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). The firm had revenue of $46.85 million for the quarter, compared to the consensus estimate of $291.00 million. Vasta Platform had a net margin of 27.31% and a return on equity of 1.53%. Analysts expect that Vasta Platform will post 0.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vasta Platform

A hedge fund recently raised its stake in Vasta Platform stock. JPMorgan Chase & Co. lifted its holdings in Vasta Platform Limited (NASDAQ:VSTA) by 19.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,378,562 shares of the company’s stock after buying an additional 220,161 shares during the period. JPMorgan Chase & Co. owned approximately 1.72% of Vasta Platform worth $5,900,000 as of its most recent filing with the Securities and Exchange Commission. 15.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VSTA shares. Weiss Ratings reissued a “hold (c)” rating on shares of Vasta Platform in a research note on Monday, December 29th. Zacks Research cut Vasta Platform from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

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.