Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Down 15.9% in December

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 207,700 shares, a drop of 15.9% from the November 30th total of 247,000 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average trading volume of 72,700 shares, the days-to-cover ratio is currently 2.9 days.

Hedge Funds Weigh In On Vinci Partners Investments

Several hedge funds have recently bought and sold shares of VINP. SPX Gestao de Recursos Ltda increased its stake in Vinci Partners Investments by 3.4% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company’s stock worth $35,377,000 after buying an additional 115,545 shares during the period. National Bank of Canada FI grew its stake in Vinci Partners Investments by 209.1% in the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock worth $1,522,000 after acquiring an additional 94,467 shares in the last quarter. State Street Corp raised its stake in shares of Vinci Partners Investments by 391.0% during the third quarter. State Street Corp now owns 105,534 shares of the company’s stock valued at $1,048,000 after acquiring an additional 84,040 shares in the last quarter. Driehaus Capital Management LLC boosted its holdings in shares of Vinci Partners Investments by 6.8% in the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after purchasing an additional 9,803 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Vinci Partners Investments in the third quarter worth approximately $45,000. Institutional investors own 34.07% of the company’s stock.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group restated a “buy” rating and issued a $13.00 price objective on shares of Vinci Partners Investments in a report on Thursday, December 5th.

Vinci Partners Investments Price Performance

VINP stock traded down $0.12 during trading on Friday, reaching $10.02. The company’s stock had a trading volume of 57,959 shares, compared to its average volume of 65,011. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51. Vinci Partners Investments has a 1 year low of $9.01 and a 1 year high of $11.85. The company’s fifty day moving average is $10.31 and its 200-day moving average is $10.48. The company has a market capitalization of $538.87 million, a P/E ratio of 16.16 and a beta of 0.09.

Vinci Partners Investments Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 20th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend was Wednesday, November 20th. Vinci Partners Investments’s payout ratio is currently 103.23%.

Vinci Partners Investments Company Profile

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.