Wolverine Asset Management LLC Purchases 362,075 Shares of Vine Hill Capital Investment Corp. $VCIC

Wolverine Asset Management LLC raised its position in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 35.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,377,809 shares of the company’s stock after buying an additional 362,075 shares during the quarter. Wolverine Asset Management LLC’s holdings in Vine Hill Capital Investment were worth $14,329,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VCIC. Calamos Advisors LLC bought a new stake in shares of Vine Hill Capital Investment during the 1st quarter worth approximately $9,416,000. Virtu Financial LLC acquired a new position in Vine Hill Capital Investment during the first quarter valued at approximately $240,000. Finally, Linden Advisors LP acquired a new stake in shares of Vine Hill Capital Investment in the 1st quarter valued at $4,581,000.

Vine Hill Capital Investment Trading Down 0.2%

VCIC opened at $11.10 on Friday. The company has a fifty day moving average price of $10.85 and a two-hundred day moving average price of $10.53. Vine Hill Capital Investment Corp. has a 1-year low of $9.98 and a 1-year high of $11.99. The company has a market cap of $325.60 million and a P/E ratio of 92.50.

Vine Hill Capital Investment (NASDAQ:VCIC) last issued its earnings results on Tuesday, August 12th. The company reported $0.06 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 Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Vine Hill Capital Investment Company 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.