1,078,310 Shares in Vine Hill Capital Investment Corp. $VCIC Acquired by Harraden Circle Investments LLC

Key Points

• Harraden Circle Investments LLC acquired a new stake of 1,078,310 shares in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) during Q3, valued at about $11.55 million, which represents roughly 2.2% of Harraden's portfolio and left Harraden owning 3.68% of VCIC at quarter-end.
• Multiple other institutions also added positions—Magnetar (~$18.7M), Alberta Investment Management (~$10.2M), TENOR (~$7.8M) and Whitebox (~$2.8M) opened stakes, while Berkley W R Corp boosted its holding 66.6% to 799,435 shares (~$8.31M).
• VCIC trades around $10.66 with a market cap of about $312.7M, a P/E of 76.14 and a 1‑year range of $10.14–$11.99, and carries a consensus "Sell" rating after Weiss Ratings reiterated a "sell (d)".

Harraden Circle Investments LLC acquired a new stake in Vine Hill Capital Investment Corp. (NASDAQ:VCIC - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,078,310 shares of the company's stock, valued at approximately $11,549,000. Vine Hill Capital Investment makes up about 2.2% of Harraden Circle Investments LLC's investment portfolio, making the stock its 19th largest position. Harraden Circle Investments LLC owned 3.68% of Vine Hill Capital Investment at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VCIC. Magnetar Financial LLC acquired a new stake in Vine Hill Capital Investment in the 2nd quarter valued at about $18,666,000. Alberta Investment Management Corp acquired a new stake in shares of Vine Hill Capital Investment in the second quarter valued at approximately $10,202,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in Vine Hill Capital Investment during the second quarter worth approximately $7,800,000. Berkley W R Corp boosted its stake in Vine Hill Capital Investment by 66.6% during the second quarter. Berkley W R Corp now owns 799,435 shares of the company's stock worth $8,314,000 after buying an additional 319,491 shares during the last quarter. Finally, Whitebox Advisors LLC acquired a new position in Vine Hill Capital Investment during the second quarter worth $2,756,000.

Vine Hill Capital Investment Price Performance

Vine Hill Capital Investment stock opened at $10.66 on Thursday. The firm has a 50 day simple moving average of $10.67 and a 200-day simple moving average of $10.77. Vine Hill Capital Investment Corp. has a 1-year low of $10.14 and a 1-year high of $11.99. The stock has a market cap of $312.66 million, a price-to-earnings ratio of 76.14 and a beta of 0.09.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of Vine Hill Capital Investment in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus 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.

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