Vince Holding Corp. (NYSE:VNCE) Sees Significant Increase in Short Interest

Vince Holding Corp. (NYSE:VNCE) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 535,700 shares, an increase of 603.9% from the August 31st total of 76,100 shares. Currently, 21.1% of the company’s stock are short sold. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 21.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Vince

An institutional investor recently bought a new position in Vince stock. Jane Street Group LLC acquired a new stake in Vince Holding Corp. (NYSE:VNCE) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,650 shares of the textile maker’s stock, valued at approximately $86,000. Jane Street Group LLC owned approximately 0.19% of Vince at the end of the most recent quarter. Hedge funds and other institutional investors own 16.11% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on VNCE shares. Zacks Research raised Vince from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 18th. Noble Financial boosted their price target on Vince from $2.50 to $4.50 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat.com, Vince presently has an average rating of “Strong Buy” and a consensus target price of $4.50.

Vince Stock Performance

Shares of VNCE opened at $3.14 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.61 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average price is $2.02 and its 200-day moving average price is $1.76. Vince has a 52 week low of $1.02 and a 52 week high of $6.89. The stock has a market cap of $40.73 million, a P/E ratio of -2.34 and a beta of 0.95.

Vince (NYSE:VNCE) last released its quarterly earnings data on Wednesday, September 10th. The textile maker reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.46. The business had revenue of $73.24 million for the quarter, compared to analysts’ expectations of $72.88 million. Vince had a positive return on equity of 11.37% and a negative net margin of 5.75%.During the same period in the prior year, the firm posted $0.05 EPS. Vince has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Vince will post 0.63 earnings per share for the current fiscal year.

Vince Company Profile

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.