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

Magnetar Financial LLC reduced its stake in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 4.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,723,500 shares of the company’s stock after selling 76,500 shares during the period. Magnetar Financial LLC owned approximately 5.88% of Vine Hill Capital Investment worth $18,459,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Berkley W R Corp boosted its stake in Vine Hill Capital Investment by 66.6% in the 2nd quarter. Berkley W R Corp now owns 799,435 shares of the company’s stock worth $8,314,000 after purchasing an additional 319,491 shares during the period. Alberta Investment Management Corp bought a new stake in shares of Vine Hill Capital Investment during the second quarter valued at about $10,202,000. Sandia Investment Management LP bought a new stake in shares of Vine Hill Capital Investment during the second quarter valued at about $525,000. Clear Street LLC lifted its holdings 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 worth $85,000 after buying an additional 7,315 shares in the last quarter. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of Vine Hill Capital Investment in the second quarter worth about $7,800,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat.com, Vine Hill Capital Investment presently has a consensus rating of “Sell”.

Vine Hill Capital Investment Stock Performance

Shares of VCIC stock opened at $10.64 on Wednesday. Vine Hill Capital Investment Corp. has a 52-week low of $10.14 and a 52-week high of $11.99. The company has a market capitalization of $312.07 million, a PE ratio of 76.00 and a beta of 0.09. The business’s fifty day moving average is $10.68 and its 200 day moving average is $10.77.

About Vine Hill Capital Investment

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.