Short Interest in Vinci Partners Investments Ltd. (NASDAQ:VINP) Expands By 30.9%

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 110,900 shares, an increase of 30.9% from the August 31st total of 84,700 shares. Based on an average daily volume of 67,000 shares, the short-interest ratio is currently 1.7 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of Vinci Partners Investments

Several hedge funds and other institutional investors have recently modified their holdings of VINP. Absolute Gestao de Investimentos Ltda. acquired a new position in shares of Vinci Partners Investments during the 1st quarter valued at about $217,000. Quadrature Capital Ltd acquired a new position in Vinci Partners Investments in the fourth quarter worth $229,000. National Bank of Canada FI grew its stake in shares of Vinci Partners Investments by 209.1% during the second quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock valued at $1,522,000 after purchasing an additional 94,467 shares during the last quarter. Driehaus Capital Management LLC lifted its position 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 worth $1,680,000 after purchasing an additional 9,803 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda raised its holdings in Vinci Partners Investments by 231.1% during the fourth quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock worth $5,594,000 after acquiring an additional 356,569 shares in the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Vinci Partners Investments Stock Performance

VINP opened at $9.89 on Friday. The business has a fifty day simple moving average of $10.54 and a 200-day simple moving average of $10.78. The firm has a market cap of $531.88 million, a PE ratio of 12.21 and a beta of 0.09. The company has a quick ratio of 10.68, a current ratio of 10.68 and a debt-to-equity ratio of 0.52. Vinci Partners Investments has a fifty-two week low of $9.01 and a fifty-two week high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.07). Vinci Partners Investments had a net margin of 36.07% and a return on equity of 13.37%. The firm had revenue of $25.18 million for the quarter, compared to analyst estimates of $20.50 million. As a group, equities analysts predict that Vinci Partners Investments will post 0.65 EPS for the current fiscal year.

Vinci Partners Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st were issued a $0.17 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.88%. Vinci Partners Investments’s dividend payout ratio is 83.95%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their target price on shares of Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, July 11th.

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.