Picton Mahoney Asset Management Sells 311,436 Shares of Vine Hill Capital Investment Corp. $VCIC

Picton Mahoney Asset Management cut its position in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 41.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 438,564 shares of the company’s stock after selling 311,436 shares during the period. Picton Mahoney Asset Management owned 1.50% of Vine Hill Capital Investment worth $4,697,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VCIC. Clear Street LLC raised its stake in shares of 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 acquiring an additional 7,315 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in Vine Hill Capital Investment during the 3rd quarter valued at $266,000. Radcliffe Capital Management L.P. raised its position in Vine Hill Capital Investment by 94.2% in the 2nd quarter. Radcliffe Capital Management L.P. now owns 56,123 shares of the company’s stock valued at $584,000 after purchasing an additional 27,227 shares during the last quarter. Sandia Investment Management LP acquired a new position in Vine Hill Capital Investment in the second quarter worth $525,000. Finally, Shaolin Capital Management LLC acquired a new position in Vine Hill Capital Investment in the second quarter worth $1,822,000.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Vine Hill Capital Investment in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Vine Hill Capital Investment Price Performance

VCIC stock opened at $10.70 on Friday. The company has a 50 day moving average price of $10.68 and a 200 day moving average price of $10.77. Vine Hill Capital Investment Corp. has a fifty-two week low of $10.13 and a fifty-two week high of $11.99. The stock has a market capitalization of $313.68 million, a PE ratio of 76.39 and a beta of 0.09.

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.