Vince Holding Corp. (NYSE:VNCE) Short Interest Update

Vince Holding Corp. (NYSE:VNCE) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 276,400 shares, a decline of 25.4% from the January 31st total of 370,400 shares. Currently, 8.0% of the shares of the company are sold short. Based on an average daily volume of 2,410,000 shares, the short-interest ratio is presently 0.1 days.

Vince Price Performance

VNCE stock traded down $0.17 during midday trading on Tuesday, reaching $2.46. The company had a trading volume of 43,427 shares, compared to its average volume of 3,620,984. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.74 and a quick ratio of 0.64. Vince has a 1 year low of $1.27 and a 1 year high of $6.89. The company has a market capitalization of $31.02 million, a P/E ratio of 6.65 and a beta of 1.45. The firm has a 50-day moving average price of $3.40 and a 200-day moving average price of $2.45.

Vince (NYSE:VNCE) last released its quarterly earnings results on Tuesday, December 10th. The textile maker reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.11. Vince had a net margin of 1.60% and a negative return on equity of 5.77%. On average, research analysts anticipate that Vince will post 0.63 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Vince from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Insider Activity

In related news, major shareholder Rodger R. Krouse sold 7,218,385 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $2.33, for a total transaction of $16,818,837.05. Following the completion of the transaction, the insider now owns 1,262,933 shares of the company’s stock, valued at approximately $2,942,633.89. The trade was a 85.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.30% of the company’s stock.

Hedge Funds Weigh In On Vince

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in shares of Vince by 12.4% during the 4th quarter. Geode Capital Management LLC now owns 33,769 shares of the textile maker’s stock valued at $123,000 after purchasing an additional 3,731 shares during the last quarter. National Bank of Canada FI bought a new position in shares of Vince during the 4th quarter valued at $29,000. Finally, Jane Street Group LLC bought a new position in shares of Vince during the 4th quarter valued at $86,000. Hedge funds and other institutional investors own 16.11% of the company’s stock.

Vince Company Profile

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.