Vinci Partners Investments Ltd. (NASDAQ:VINP) Sees Large Growth in Short Interest

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 247,000 shares, an increase of 26.0% from the November 15th total of 196,100 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average trading volume of 66,700 shares, the short-interest ratio is currently 3.7 days.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Vinci Partners Investments

Hedge funds have recently modified their holdings of the stock. National Bank of Canada FI raised its holdings in Vinci Partners Investments by 209.1% during the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock valued at $1,522,000 after acquiring an additional 94,467 shares during the period. Driehaus Capital Management LLC grew its position in shares of Vinci Partners Investments by 6.8% during the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after purchasing an additional 9,803 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Vinci Partners Investments by 10.5% during the 3rd quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock valued at $127,000 after purchasing an additional 1,208 shares in the last quarter. State Street Corp grew its position in Vinci Partners Investments by 391.0% in the third quarter. State Street Corp now owns 105,534 shares of the company’s stock worth $1,048,000 after acquiring an additional 84,040 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Vinci Partners Investments in the third quarter worth $45,000. Institutional investors own 34.07% of the company’s stock.

Vinci Partners Investments Stock Performance

Shares of NASDAQ VINP traded down $0.04 during midday trading on Monday, reaching $10.65. The company’s stock had a trading volume of 18,818 shares, compared to its average volume of 63,070. Vinci Partners Investments has a 12-month low of $9.01 and a 12-month high of $11.85. The firm has a 50 day moving average price of $10.31 and a 200-day moving average price of $10.52. The stock has a market capitalization of $572.76 million, a P/E ratio of 17.24 and a beta of 0.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68.

Vinci Partners Investments Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were paid a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.01%. Vinci Partners Investments’s payout ratio is presently 103.23%.

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.