Vine Hill Capital Investment Corp. (NASDAQ:VCIC) Short Interest Up 62.2% in February

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

Analysts Set New Price Targets

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 data from MarketBeat, the stock has a consensus rating of “Sell”.

Vine Hill Capital Investment Stock Performance

NASDAQ VCIC traded down $0.03 on Monday, hitting $10.65. 600 shares of the stock traded hands, compared to its average volume of 115,168. The business’s fifty day moving average is $10.69 and its two-hundred day moving average is $10.76. Vine Hill Capital Investment has a 12 month low of $10.11 and a 12 month high of $11.99. The firm has a market capitalization of $312.25 million, a price-to-earnings ratio of 76.04 and a beta of 0.08.

Vine Hill Capital Investment (NASDAQ:VCIC) last issued its 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 have recently added to or reduced their stakes in the stock. Clear Street LLC lifted its holdings in shares of Vine Hill Capital Investment by 879.2% in the second quarter. Clear Street LLC now owns 8,147 shares of the company’s stock worth $85,000 after buying an additional 7,315 shares in the last quarter. Prelude Capital Management LLC bought a new stake in shares of Vine Hill Capital Investment during the 3rd quarter valued at about $210,000. JPMorgan Chase & Co. purchased a new position in Vine Hill Capital Investment in the 3rd quarter worth approximately $266,000. Clear Street Group Inc. bought a new position in shares of Vine Hill Capital Investment in the 3rd quarter worth $312,000. Finally, Meteora Capital LLC purchased a new stake in shares of Vine Hill Capital Investment during the 4th quarter valued at $403,000.

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.