Vasta Platform Limited (NASDAQ:VSTA) Sees Significant Growth in Short Interest

Vasta Platform Limited (NASDAQ:VSTA) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 6,335 shares, an increase of 81.4% from the December 31st total of 3,493 shares. Based on an average daily volume of 12,575 shares, the days-to-cover 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 days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

A number of analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vasta Platform in a report on Monday, December 29th. Zacks Research lowered Vasta Platform from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Sell”.

Vasta Platform Price Performance

VSTA stock remained flat at $4.90 during trading on Friday. 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 has a 52-week low of $2.55 and a 52-week high of $5.49. The company has a market capitalization of $392.98 million, a PE ratio of 4.80, a P/E/G ratio of 0.22 and a beta of -0.29. The stock has a 50 day moving average of $4.95 and a 200 day moving average of $4.73.

Vasta Platform (NASDAQ:VSTA) last announced 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 return on equity of 1.53% and a net margin of 27.31%.The business had revenue of $46.85 million during the quarter, compared to analysts’ expectations of $291.00 million. As a group, research analysts anticipate that Vasta Platform will post 0.19 earnings per share for the current year.

Institutional Investors Weigh In On Vasta Platform

An institutional investor recently raised its position in Vasta Platform stock. JPMorgan Chase & Co. raised its position in shares of Vasta Platform Limited (NASDAQ:VSTA) by 19.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,378,562 shares of the company’s stock after purchasing an additional 220,161 shares during the quarter. JPMorgan Chase & Co. owned 1.72% of Vasta Platform worth $5,900,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.80% of the company’s stock.

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.