Wolverine Asset Management LLC Has $10.31 Million Stake in Vine Hill Capital Investment Corp. (NASDAQ:VCIC)

Key Points

• Wolverine Asset Management LLC significantly increased its stake in Vine Hill Capital Investment Corp. by 452.9%, acquiring over 832,000 additional shares in the first quarter, bringing its total ownership to approximately 3.46%.
• Other institutional investors, including Calamos Advisors LLC and Polar Asset Management Partners Inc., have also recently invested in Vine Hill, indicating growing interest in the company.
• Vine Hill Capital Investment Corp. trades at around $10.72 per share, with a 12-month low of $9.96 and a high of $10.74, reflecting its stability in the market.

Wolverine Asset Management LLC increased its stake in shares of Vine Hill Capital Investment Corp. (NASDAQ:VCIC - Free Report) by 452.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,015,734 shares of the company's stock after buying an additional 832,008 shares during the period. Wolverine Asset Management LLC owned 3.46% of Vine Hill Capital Investment worth $10,310,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Aristeia Capital L.L.C. acquired a new position in shares of Vine Hill Capital Investment in the fourth quarter valued at about $18,090,000. AQR Arbitrage LLC acquired a new stake in Vine Hill Capital Investment during the fourth quarter worth about $12,857,000. Westchester Capital Management LLC acquired a new stake in Vine Hill Capital Investment during the fourth quarter worth about $10,638,000. D. E. Shaw & Co. Inc. acquired a new stake in Vine Hill Capital Investment during the fourth quarter worth about $9,937,000. Finally, Calamos Advisors LLC acquired a new stake in Vine Hill Capital Investment during the first quarter worth about $9,416,000.

Vine Hill Capital Investment Trading Down 0.3%

Vine Hill Capital Investment stock traded down $0.04 during trading hours on Tuesday, reaching $10.51. 5,009 shares of the stock were exchanged, compared to its average volume of 68,191. Vine Hill Capital Investment Corp. has a twelve month low of $9.96 and a twelve month high of $11.70. The stock has a 50 day moving average of $10.42 and a two-hundred day moving average of $10.27.

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.