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Weiss Ratings Reiterates Sell (D-) Rating for Vine Hill Capital Investment (NASDAQ:VCIC)

Vine Hill Capital Investment logo with Financial Services background

Key Points

  • Weiss Ratings has maintained a "sell (D-)" rating for Vine Hill Capital Investment (NASDAQ:VCIC) in a recent report, signaling ongoing concerns about the company's performance.
  • The stock of Vine Hill Capital Investment saw a slight increase, up 1.4% to $11.10, with trading volume surpassing its average.
  • Several institutional investors, such as Clear Street LLC and Virtu Financial LLC, have significantly adjusted their holdings in the company, indicating fluctuating investor confidence.
  • MarketBeat previews the top five stocks to own by November 1st.

Vine Hill Capital Investment (NASDAQ:VCIC - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities researchers at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Vine Hill Capital Investment Stock Up 1.4%

NASDAQ:VCIC traded up $0.15 during trading hours on Wednesday, reaching $11.10. 538,767 shares of the stock were exchanged, compared to its average volume of 353,252. The business has a 50-day moving average of $10.57 and a two-hundred day moving average of $10.40. Vine Hill Capital Investment has a twelve month low of $9.96 and a twelve month 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 (EPS) for the quarter.

Institutional Investors Weigh In On Vine Hill Capital Investment

A number of hedge funds have recently added to or reduced their stakes in the company. Clear Street LLC lifted its position in Vine Hill Capital Investment by 879.2% in the second quarter. Clear Street LLC now owns 8,147 shares of the company's stock valued at $85,000 after purchasing an additional 7,315 shares during the period. Virtu Financial LLC acquired a new stake in shares of Vine Hill Capital Investment during the 1st quarter valued at approximately $240,000. Radcliffe Capital Management L.P. lifted its position in shares of Vine Hill Capital Investment by 94.2% during the 2nd quarter. Radcliffe Capital Management L.P. now owns 56,123 shares of the company's stock valued at $584,000 after acquiring an additional 27,227 shares during the period. Sandia Investment Management LP acquired a new stake in shares of Vine Hill Capital Investment during the 2nd quarter valued at approximately $525,000. Finally, Wealthspring Capital LLC acquired a new stake in shares of Vine Hill Capital Investment during the 2nd quarter valued at approximately $1,024,000.

About Vine Hill Capital Investment

(Get Free Report)

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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