Radcliffe Capital Management L.P. Sells 76,857 Shares of Vine Hill Capital Investment Corp. $VCIC

Radcliffe Capital Management L.P. lowered its stake in shares of Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 30.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,730 shares of the company’s stock after selling 76,857 shares during the period. Radcliffe Capital Management L.P. owned 0.60% of Vine Hill Capital Investment worth $1,893,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Prelude Capital Management LLC purchased a new position in shares of Vine Hill Capital Investment in the third quarter valued at $210,000. JPMorgan Chase & Co. purchased a new stake in Vine Hill Capital Investment during the 3rd quarter worth about $266,000. Clear Street Group Inc. bought a new position in Vine Hill Capital Investment in the 3rd quarter worth about $312,000. Jefferies Financial Group Inc. purchased a new position in Vine Hill Capital Investment during the 4th quarter valued at about $538,000. Finally, Sandia Investment Management LP purchased a new position in Vine Hill Capital Investment during the 2nd quarter valued at about $525,000.

Vine Hill Capital Investment Price Performance

Vine Hill Capital Investment stock opened at $11.00 on Wednesday. The stock has a market cap of $322.66 million, a price-to-earnings ratio of 61.11 and a beta of 0.09. The business has a 50-day simple moving average of $11.00 and a 200 day simple moving average of $10.82. Vine Hill Capital Investment Corp. has a 52 week low of $8.32 and a 52 week high of $13.70.

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

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Vine Hill Capital Investment in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 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.