Short Interest in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) Expands By 3,857.1%

Key Points

• Short interest in Vine Hill Capital Investment Corp. surged by 3,857.1% in September, reaching a total of 27,700 shares as of September 30th.
• The stock's price increased by 1.1% to $11.38, with trading volumes surpassing the average, indicating heightened investor interest.
• Analyst ratings remain cautious, with Weiss Ratings reaffirming a "sell (d-)" rating, and the consensus rating for the stock is currently a sell.

Vine Hill Capital Investment Corp. (NASDAQ:VCIC - Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 27,700 shares, an increase of 3,857.1% from the September 15th total of 700 shares. Based on an average daily trading volume, of 145,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 145,400 shares, the short-interest ratio is presently 0.2 days.

Vine Hill Capital Investment Trading Up 1.1%

Shares of NASDAQ:VCIC traded up $0.13 during trading on Thursday, reaching $11.38. The company had a trading volume of 189,130 shares, compared to its average volume of 125,746. The stock's fifty day moving average price is $10.64 and its 200 day moving average price is $10.43. Vine Hill Capital Investment has a fifty-two week low of $9.96 and a fifty-two week high of $11.70.

Vine Hill Capital Investment (NASDAQ:VCIC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported $0.06 earnings per share for the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VCIC. Clear Street LLC grew its holdings in Vine Hill Capital Investment by 879.2% during the second quarter. Clear Street LLC now owns 8,147 shares of the company's stock worth $85,000 after acquiring an additional 7,315 shares during the period. Virtu Financial LLC acquired a new position in Vine Hill Capital Investment during the first quarter worth $240,000. Sandia Investment Management LP acquired a new position in Vine Hill Capital Investment during the second quarter worth $525,000. Radcliffe Capital Management L.P. boosted its position in Vine Hill Capital Investment by 94.2% during the second quarter. Radcliffe Capital Management L.P. now owns 56,123 shares of the company's stock worth $584,000 after purchasing an additional 27,227 shares in the last quarter. Finally, Wealthspring Capital LLC purchased a new stake in Vine Hill Capital Investment during the second quarter worth $1,024,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Vine Hill Capital Investment in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Vine Hill Capital Investment presently 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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