Magnetar Financial LLC Sells 53,501 Shares of Vine Hill Capital Investment Corp. $VCIC

Magnetar Financial LLC decreased its position in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,669,999 shares of the company’s stock after selling 53,501 shares during the quarter. Magnetar Financial LLC owned approximately 0.06% of Vine Hill Capital Investment worth $17,986,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VCIC. DLD Asset Management LP bought a new position in shares of Vine Hill Capital Investment in the fourth quarter worth about $1,388,000. Harraden Circle Investments LLC raised its stake in shares of Vine Hill Capital Investment by 101.1% in the fourth quarter. Harraden Circle Investments LLC now owns 2,168,279 shares of the company’s stock worth $23,352,000 after buying an additional 1,089,969 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of Vine Hill Capital Investment by 57.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,967,329 shares of the company’s stock worth $21,188,000 after buying an additional 714,607 shares during the period. Highbridge Capital Management LLC bought a new position in shares of Vine Hill Capital Investment in the fourth quarter worth about $14,796,000. Finally, Jefferies Financial Group Inc. bought a new position in shares of Vine Hill Capital Investment in the fourth quarter worth about $538,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vine Hill Capital Investment in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Vine Hill Capital Investment Price Performance

NASDAQ VCIC opened at $11.00 on Wednesday. The stock’s 50-day moving average price is $11.00 and its 200-day moving average price is $10.82. Vine Hill Capital Investment Corp. has a 52 week low of $8.32 and a 52 week high of $13.70. The company 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 posted its quarterly earnings data on Friday, March 27th. The company reported $0.04 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.