Aristeia Capital L.L.C. Lowers Holdings in Vine Hill Capital Investment Corp. $VCIC

Aristeia Capital L.L.C. trimmed its position in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 14.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,514,440 shares of the company’s stock after selling 250,000 shares during the period. Aristeia Capital L.L.C. owned approximately 0.05% of Vine Hill Capital Investment worth $16,311,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VCIC. Prelude Capital Management LLC acquired a new stake in Vine Hill Capital Investment in the third quarter valued at $210,000. JPMorgan Chase & Co. purchased a new stake in Vine Hill Capital Investment during the 3rd quarter worth about $266,000. Clear Street Group Inc. purchased a new stake in Vine Hill Capital Investment during the 3rd quarter worth about $312,000. Meteora Capital LLC purchased a new stake in Vine Hill Capital Investment in the 4th quarter valued at about $403,000. Finally, Sandia Investment Management LP purchased a new stake in Vine Hill Capital Investment in the 2nd quarter valued at about $525,000.

Vine Hill Capital Investment Price Performance

Shares of VCIC opened at $11.00 on Thursday. The firm 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 Corp. has a 52-week low of $8.32 and a 52-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.

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

Wall Street Analysts Forecast Growth

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

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.