Short Interest in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) Increases By 121.3%

by · The Cerbat Gem

Vine Hill Capital Investment Corp. (NASDAQ:VCIC – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 61,300 shares, an increase of 121.3% from the September 30th total of 27,700 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 191,800 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 191,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

Vine Hill Capital Investment Stock Performance

NASDAQ VCIC opened at $11.07 on Friday. The firm’s fifty day moving average price is $10.86 and its two-hundred day moving average price is $10.54. The stock has a market cap of $324.68 million and a PE ratio of 92.25. Vine Hill Capital Investment has a fifty-two week low of $9.98 and a fifty-two week high of $11.99.

Vine Hill Capital Investment (NASDAQ:VCIC – Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.06 earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Vine Hill Capital Investment in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Research Report on VCIC

Institutional Trading of Vine Hill Capital Investment

Institutional investors have recently modified their holdings of the business. Clear Street LLC grew its stake in shares of Vine Hill Capital Investment by 879.2% in the second quarter. Clear Street LLC now owns 8,147 shares of the company’s stock worth $85,000 after purchasing an additional 7,315 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Vine Hill Capital Investment in the first quarter worth $240,000. Sandia Investment Management LP bought a new stake in shares of Vine Hill Capital Investment in the second quarter worth $525,000. Radcliffe Capital Management L.P. grew its stake in shares of Vine Hill Capital Investment by 94.2% in the second quarter. Radcliffe Capital Management L.P. now owns 56,123 shares of the company’s stock worth $584,000 after purchasing an additional 27,227 shares during the last quarter. Finally, Wealthspring Capital LLC bought a new stake in shares of Vine Hill Capital Investment in the second quarter worth $1,024,000.

About Vine Hill Capital Investment

(Get Free Report)

Vine Hill Capital Investment Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vine Hill Capital Investment Corp. is based in Fort Lauderdale, Florida.

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