Aristeia Capital L.L.C. Cuts Stock Position in Vine Hill Capital Investment Corp. $VCIC

Aristeia Capital L.L.C. lessened its stake in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 14.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,514,440 shares of the company’s stock after selling 250,000 shares during the quarter. Aristeia Capital L.L.C. owned approximately 5.16% of Vine Hill Capital Investment worth $16,311,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VCIC. Highbridge Capital Management LLC purchased a new stake in shares of Vine Hill Capital Investment during the fourth quarter worth $14,796,000. Gillson Capital LP lifted its position in Vine Hill Capital Investment by 507.2% in the fourth quarter. Gillson Capital LP now owns 1,586,294 shares of the company’s stock valued at $17,084,000 after buying an additional 1,325,049 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in Vine Hill Capital Investment in the third quarter valued at about $13,417,000. Harraden Circle Investments LLC lifted its position in shares of Vine Hill Capital Investment by 101.1% during the fourth quarter. Harraden Circle Investments LLC now owns 2,168,279 shares of the company’s stock worth $23,352,000 after purchasing an additional 1,089,969 shares in the last quarter. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of Vine Hill Capital Investment during the second quarter worth about $7,800,000.

Vine Hill Capital Investment Price Performance

Shares of Vine Hill Capital Investment stock opened at $11.00 on Thursday. The firm has a market capitalization of $322.66 million, a P/E ratio of 61.11 and a beta of 0.09. The firm’s 50 day moving average is $11.00 and its two-hundred day moving average is $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 announced its 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 research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently 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.