Magnetar Financial LLC Reduces Position in Vine Hill Capital Investment Corp. $VCIC

Magnetar Financial LLC cut its holdings in shares of Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,669,999 shares of the company’s stock after selling 53,501 shares during the period. Magnetar Financial LLC owned approximately 5.69% of Vine Hill Capital Investment worth $17,986,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Prelude Capital Management LLC purchased a new stake in shares of Vine Hill Capital Investment during the third quarter valued at $210,000. JPMorgan Chase & Co. purchased a new stake in shares of Vine Hill Capital Investment during the third quarter valued at $266,000. Radcliffe Capital Management L.P. boosted its position in shares of 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 valued at $584,000 after buying an additional 27,227 shares during the last quarter. Clear Street Group Inc. purchased a new stake in shares of Vine Hill Capital Investment during the third quarter valued at $312,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Vine Hill Capital Investment during the fourth quarter valued at $538,000.

Vine Hill Capital Investment Stock Performance

VCIC stock opened at $11.00 on Wednesday. Vine Hill Capital Investment Corp. has a fifty-two week low of $8.32 and a fifty-two week high of $13.70. The business’s 50-day moving average is $11.00 and its two-hundred day moving average is $10.82. The company has a market cap of $322.66 million, a price-to-earnings ratio of 61.11 and a beta of 0.09.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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.com, Vine Hill Capital Investment 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.