Vine Hill Capital Investment Corp. II (NASDAQ:VHCP – Get Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 60,582 shares, an increase of 5,073.5% from the July 30th total of 1,171 shares. Based on an average daily trading volume, of 15,287 shares, the short-interest ratio is currently 4.0 days. Currently, 0.3% of the company’s stock are short sold.
Vine Hill Capital Investment Corp. II Stock Up 0.0%
Shares of VHCP stock traded up $0.01 on Tuesday, hitting $10.05. 7,417 shares of the company’s stock were exchanged, compared to its average volume of 63,927. The stock’s 50 day moving average is $10.01. Vine Hill Capital Investment Corp. II has a 12 month low of $9.89 and a 12 month high of $10.05.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings assumed coverage on Vine Hill Capital Investment Corp. II in a research report on Thursday, August 13th. They set a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Vine Hill Capital Investment Corp. II presently has an average rating of “Sell”.
About Vine Hill Capital Investment Corp. II
Vine Hill Capital Investment Corp II is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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