Vine Hill Capital Investment Corp. (NASDAQ:VCIC) Sees Significant Growth in Short Interest

Vine Hill Capital Investment Corp. (NASDAQ:VCIC) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 51,002 shares, a growth of 62.2% from the January 29th total of 31,448 shares. Based on an average trading volume of 313,699 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 313,699 shares, the days-to-cover ratio is presently 0.2 days.

Vine Hill Capital Investment Stock Down 0.4%

NASDAQ VCIC opened at $10.63 on Friday. Vine Hill Capital Investment has a fifty-two week low of $10.11 and a fifty-two week high of $11.99. The stock has a market cap of $311.78 million, a price-to-earnings ratio of 75.93 and a beta of 0.08. The business has a fifty day moving average of $10.69 and a 200-day moving average of $10.76.

Vine Hill Capital Investment (NASDAQ:VCIC) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.02 earnings per share for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC grew its stake in shares of Vine Hill Capital Investment by 35.6% in the second quarter. Wolverine Asset Management LLC now owns 1,377,809 shares of the company’s stock valued at $14,329,000 after buying an additional 362,075 shares in the last quarter. Wealthspring Capital LLC bought a new position in Vine Hill Capital Investment during the 2nd quarter valued at $1,024,000. Alberta Investment Management Corp acquired a new stake in shares of Vine Hill Capital Investment in the 2nd quarter valued at about $10,202,000. Magnetar Financial LLC bought a new stake in Vine Hill Capital Investment in the second quarter valued at about $18,666,000. Finally, Clear Street LLC grew its position in shares of Vine Hill Capital Investment by 879.2% in the 2nd quarter. Clear Street LLC now owns 8,147 shares of the company’s stock worth $85,000 after acquiring an additional 7,315 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Vine Hill Capital Investment in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Vine Hill Capital Investment Company Profile

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.