Vine Hill Capital Investment Corp. (NASDAQ:VCIC) Short Interest Up 47.8% in March

Vine Hill Capital Investment Corp. (NASDAQ:VCIC) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 23,345 shares, a growth of 47.8% from the February 26th total of 15,798 shares. Based on an average daily volume of 77,081 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Vine Hill Capital Investment

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Clear Street LLC increased its position in Vine Hill Capital Investment by 879.2% in the 2nd quarter. Clear Street LLC now owns 8,147 shares of the company’s stock valued at $85,000 after acquiring an additional 7,315 shares during the period. Prelude Capital Management LLC acquired a new stake in Vine Hill Capital Investment during the 3rd quarter worth approximately $210,000. JPMorgan Chase & Co. purchased a new position in shares of Vine Hill Capital Investment in the 3rd quarter valued at approximately $266,000. Clear Street Group Inc. purchased a new position in shares of Vine Hill Capital Investment in the 3rd quarter valued at approximately $312,000. Finally, Meteora Capital LLC acquired a new position in shares of Vine Hill Capital Investment in the fourth quarter valued at approximately $403,000.

Vine Hill Capital Investment Price Performance

VCIC stock opened at $11.04 on Friday. The company has a market cap of $323.80 million, a price-to-earnings ratio of 61.34 and a beta of 0.09. The company has a fifty day moving average price of $10.65 and a 200 day moving average price of $10.79. Vine Hill Capital Investment has a 12 month low of $8.32 and a 12 month high of $13.70.

Vine Hill Capital Investment (NASDAQ:VCIC) last issued its quarterly earnings data on Friday, March 27th. The company reported $0.04 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Vine Hill Capital Investment in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

About Vine Hill Capital Investment

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.