Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Up 52.4% in October

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 190,100 shares, an increase of 52.4% from the September 30th total of 124,700 shares. Based on an average daily volume of 75,700 shares, the short-interest ratio is currently 2.5 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Trading of Vinci Partners Investments

Institutional investors have recently modified their holdings of the business. Driehaus Capital Management LLC boosted its holdings in Vinci Partners Investments by 6.8% in the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after acquiring an additional 9,803 shares during the last quarter. National Bank of Canada FI grew its position in Vinci Partners Investments by 209.1% in the 2nd 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 period. Grandeur Peak Global Advisors LLC increased its stake in Vinci Partners Investments by 0.6% during the 1st quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock valued at $9,773,000 after purchasing an additional 4,968 shares in the last quarter. Finally, Absolute Gestao de Investimentos Ltda. bought a new position in shares of Vinci Partners Investments in the first quarter valued at $217,000. Institutional investors own 34.07% of the company’s stock.

Analysts Set New Price Targets

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

Vinci Partners Investments Price Performance

Shares of NASDAQ:VINP traded up $0.04 during trading on Monday, hitting $10.24. 23,168 shares of the company were exchanged, compared to its average volume of 62,342. 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 1-year low of $9.01 and a 1-year high of $11.85. The company has a market capitalization of $550.71 million, a P/E ratio of 17.29 and a beta of 0.09. The business’s 50 day moving average is $10.19 and its 200-day moving average is $10.60.

Vinci Partners Investments (NASDAQ:VINP) last posted its earnings results on Wednesday, August 7th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.07). The firm had revenue of $25.18 million during the quarter, compared to the consensus estimate of $20.50 million. Vinci Partners Investments had a net margin of 36.07% and a return on equity of 13.37%. Equities analysts forecast that Vinci Partners Investments will post 0.6 earnings per share for the current year.

Vinci Partners Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date was Wednesday, August 21st. Vinci Partners Investments’s payout ratio is 115.26%.

About Vinci Partners Investments

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.