Vasta Platform Limited (NASDAQ:VSTA) Short Interest Up 81.4% in January

Vasta Platform Limited (NASDAQ:VSTA) was the target of a large growth in short interest in the month of 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 12,575 shares, the days-to-cover ratio is currently 0.5 days. 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 shares of the company are sold short.

Institutional Trading of Vasta Platform

A hedge fund recently raised its stake in Vasta Platform stock. JPMorgan Chase & Co. increased its position in Vasta Platform Limited (NASDAQ:VSTA) by 19.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,378,562 shares of the company’s stock after buying an additional 220,161 shares during the quarter. JPMorgan Chase & Co. owned about 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.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VSTA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vasta Platform in a research note on Monday, December 29th. Zacks Research cut shares of 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Vasta Platform currently has a consensus rating of “Sell”.

Vasta Platform Price Performance

NASDAQ VSTA remained flat at $4.90 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 stock’s fifty day moving average price is $4.95 and its 200-day moving average price is $4.73. The company 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.

Vasta Platform (NASDAQ:VSTA) last posted its quarterly 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 analysts’ expectations of $291.00 million. Vasta Platform had a return on equity of 1.53% and a net margin of 27.31%. Equities research analysts forecast that Vasta Platform will post 0.19 earnings per share for the current fiscal 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.