Vine Hill Capital Investment (NASDAQ:VCIC) Trading Down 0.6% – Time to Sell?

Shares of Vine Hill Capital Investment Corp. (NASDAQ:VCIC) dropped 0.6% during mid-day trading on Thursday . The company traded as low as $10.75 and last traded at $10.6880. Approximately 3,453 shares were traded during trading, a decline of 92% from the average daily volume of 43,054 shares. The stock had previously closed at $10.75.

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 analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Vine Hill Capital Investment Trading Down 0.4%

The company has a 50 day moving average of $10.74 and a 200 day moving average of $10.72. The firm has a market cap of $313.98 million, a price-to-earnings ratio of 76.46 and a beta of 0.08.

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

Institutional Investors Weigh In On Vine Hill Capital Investment

A number of institutional investors and hedge funds have recently modified their holdings of VCIC. Clear Street LLC boosted 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 purchasing an additional 7,315 shares during the last quarter. Prelude Capital Management LLC acquired a new position in shares of Vine Hill Capital Investment during the 3rd quarter worth about $210,000. JPMorgan Chase & Co. acquired a new position in shares of Vine Hill Capital Investment during the 3rd quarter worth about $266,000. Clear Street Group Inc. bought a new stake in shares of Vine Hill Capital Investment in the 3rd quarter valued at about $312,000. Finally, Sandia Investment Management LP acquired a new stake in shares of Vine Hill Capital Investment in the 2nd quarter valued at approximately $525,000.

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.