Short Interest in Vinci Partners Investments Ltd. (NASDAQ:VINP) Declines By 15.9%

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the recipient of a significant drop in short interest in 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 stock are sold short. Based on an average daily trading volume, of 72,700 shares, the short-interest ratio is presently 2.9 days.

Vinci Partners Investments Stock Down 1.2 %

NASDAQ:VINP traded down $0.12 during trading hours on Friday, hitting $10.02. 57,959 shares of the company traded hands, 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. The company has a market cap of $538.87 million, a PE ratio of 16.16 and a beta of 0.09. The firm’s 50-day simple moving average is $10.31 and its 200-day simple moving average is $10.48. Vinci Partners Investments has a one year low of $9.01 and a one year high of $11.85.

Vinci Partners Investments Cuts Dividend

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

Institutional Investors Weigh In On Vinci Partners Investments

Several large investors have recently made changes to their positions in VINP. National Bank of Canada FI increased its holdings in 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 worth $1,522,000 after buying an additional 94,467 shares during the last quarter. Driehaus Capital Management LLC grew its stake in Vinci Partners Investments by 6.8% in the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock worth $1,680,000 after buying an additional 9,803 shares in the last quarter. Van ECK Associates Corp increased its stake in Vinci Partners Investments by 10.5% in the third quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock valued at $127,000 after acquiring an additional 1,208 shares during the last quarter. State Street Corp raised its position in 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 purchasing an additional 84,040 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in Vinci Partners Investments during the third quarter worth about $45,000. 34.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group reiterated a “buy” rating and set a $13.00 price target on shares of Vinci Partners Investments in a research note on Thursday, December 5th.

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.