Vasta Platform Limited (NASDAQ:VSTA) Short Interest Down 32.6% in November

Vasta Platform Limited (NASDAQ:VSTA) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 5,800 shares, a decline of 32.6% from the October 31st total of 8,600 shares. Based on an average daily volume of 77,300 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Vasta Platform Stock Performance

VSTA stock opened at $2.55 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.21 and a quick ratio of 0.90. The stock has a 50-day moving average price of $2.58 and a two-hundred day moving average price of $2.86. Vasta Platform has a 12-month low of $2.11 and a 12-month high of $4.55.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. downgraded shares of Vasta Platform from an “overweight” rating to an “underweight” rating in a research note on Tuesday, August 27th.

About Vasta Platform

Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.