Radcliffe Capital Management L.P. Sells 76,857 Shares of Vine Hill Capital Investment Corp. $VCIC

Radcliffe Capital Management L.P. cut its stake in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 30.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 175,730 shares of the company’s stock after selling 76,857 shares during the period. Radcliffe Capital Management L.P.’s holdings in Vine Hill Capital Investment were worth $1,893,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Linden Advisors LP raised its position in Vine Hill Capital Investment by 97.3% during the third quarter. Linden Advisors LP now owns 888,000 shares of the company’s stock valued at $9,510,000 after purchasing an additional 438,000 shares in the last quarter. Harraden Circle Investments LLC purchased a new position in shares of Vine Hill Capital Investment in the 3rd quarter worth about $11,549,000. Highbridge Capital Management LLC bought a new position in shares of Vine Hill Capital Investment during the 4th quarter valued at about $14,796,000. Jefferies Financial Group Inc. bought a new position in shares of Vine Hill Capital Investment during the 4th quarter valued at about $538,000. Finally, Clear Street Group Inc. purchased a new position in shares of Vine Hill Capital Investment during the 3rd quarter valued at about $312,000.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Vine Hill Capital Investment in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Vine Hill Capital Investment currently has an average rating of “Sell”.

Vine Hill Capital Investment Price Performance

Shares of Vine Hill Capital Investment stock opened at $11.00 on Wednesday. Vine Hill Capital Investment Corp. has a one year low of $8.32 and a one year high of $13.70. The business’s 50 day simple moving average is $11.00 and its two-hundred day simple moving average is $10.82. The stock has a market capitalization of $322.66 million, a P/E ratio of 61.11 and a beta of 0.09.

Vine Hill Capital Investment (NASDAQ:VCIC) last issued its earnings results on Friday, March 27th. The company reported $0.04 earnings per share (EPS) for the quarter.

Vine Hill Capital Investment 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.