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

Vine Hill Capital Investment Corp. (NASDAQ:VCIC) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 31,448 shares, a growth of 47.5% from the January 15th total of 21,326 shares. Based on an average trading volume of 17,652 shares, the short-interest ratio is currently 1.8 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 17,652 shares, the short-interest ratio is currently 1.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Magnetar Financial LLC purchased a new stake in Vine Hill Capital Investment in the second quarter valued at $18,666,000. Highbridge Capital Management LLC purchased a new stake in shares of Vine Hill Capital Investment in the fourth quarter worth about $14,796,000. Alyeska Investment Group L.P. acquired a new stake in Vine Hill Capital Investment during the third quarter worth about $13,417,000. Harraden Circle Investments LLC lifted its stake in shares of Vine Hill Capital Investment by 101.1% in the 4th quarter. Harraden Circle Investments LLC now owns 2,168,279 shares of the company’s stock valued at $23,352,000 after purchasing an additional 1,089,969 shares during the period. Finally, Alberta Investment Management Corp purchased a new stake in Vine Hill Capital Investment during the second quarter worth $10,202,000.

Vine Hill Capital Investment Stock Performance

Shares of VCIC stock opened at $10.61 on Friday. Vine Hill Capital Investment has a fifty-two week low of $10.09 and a fifty-two week high of $11.99. The firm has a market capitalization of $311.19 million, a PE ratio of 75.79 and a beta of 0.08. The stock’s 50-day simple moving average is $10.71 and its 200-day simple moving average is $10.76.

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

Wall Street Analysts Forecast Growth

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