Vince Holding Corp. (NYSE:VNCE) Short Interest Down 17.6% in October

Vince Holding Corp. (NYSE:VNCE) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 28,000 shares, a decrease of 17.6% from the October 15th total of 34,000 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.9% of the shares of the company are short sold.

Vince Price Performance

Shares of Vince stock traded down $0.02 during trading hours on Friday, reaching $1.70. The stock had a trading volume of 2,215 shares, compared to its average volume of 9,198. The company has a current ratio of 1.61, a quick ratio of 0.63 and a debt-to-equity ratio of 1.04. Vince has a twelve month low of $1.15 and a twelve month high of $4.73. The stock’s 50 day moving average is $1.91 and its 200 day moving average is $1.71. The firm has a market capitalization of $21.42 million, a PE ratio of 15.46 and a beta of 1.75.

Vince (NYSE:VNCE) last announced its earnings results on Monday, September 16th. The textile maker reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.29. Vince had a net margin of 0.43% and a negative return on equity of 10.89%. The business had revenue of $74.17 million for the quarter, compared to analyst estimates of $68.23 million. During the same quarter last year, the business earned ($0.04) earnings per share. Equities analysts expect that Vince will post 0.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vince

An institutional investor recently raised its position in Vince stock. Atlas Private Wealth Advisors lifted its stake in shares of Vince Holding Corp. (NYSE:VNCE) by 102.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 141,806 shares of the textile maker’s stock after acquiring an additional 71,903 shares during the period. Atlas Private Wealth Advisors owned 1.13% of Vince worth $196,000 as of its most recent filing with the Securities & Exchange Commission. 16.11% of the stock is currently owned by hedge funds and other institutional investors.

About Vince

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.