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

Vasta Platform Limited (NASDAQ:VSTA) saw a large increase in short interest in 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 short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 12,575 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

VSTA has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Vasta Platform in a report on Monday, December 29th. Zacks Research cut shares of Vasta Platform from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Vasta Platform

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

Vasta Platform Price Performance

Vasta Platform stock opened at $4.90 on Friday. The company’s 50-day moving average price is $4.94 and its two-hundred day moving average price is $4.74. The company has a quick ratio of 1.18, a current ratio of 1.50 and a debt-to-equity ratio of 0.15. The stock has a market cap of $392.99 million, a P/E ratio of 4.80, a P/E/G ratio of 0.22 and a beta of -0.29. Vasta Platform has a twelve month low of $2.55 and a twelve month high of $5.49.

Vasta Platform (NASDAQ:VSTA) last posted its earnings results on Thursday, November 6th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $46.85 million during 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, analysts expect that Vasta Platform will post 0.19 EPS 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.