Short Interest Coverage: What’s in Vince Holding Corporation (NYSE:VNCE) After Rise in Shorted Shares?

November 21, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Coverage: What’s in Vince Holding Corporation (NYSE:VNCE) After Rise in Shorted Shares?

The stock of Vince Holding Corporation (NYSE:VNCE) registered an increase of 17.03% in short interest. VNCE’s total short interest was 2.89 million shares in November as published by FINRA. Its up 17.03% from 2.47 million shares, reported previously. With 452,000 shares average volume, it will take short sellers 6 days to cover their VNCE’s short positions. The short interest to Vince Holding Corporation’s float is 13.88%. The stock decreased 2.25% or $0.1 on November 18, hitting $4.35. Vince Holding Corp (NYSE:VNCE) has declined 31.71% since April 19, 2016 and is downtrending. It has underperformed by 35.57% the S&P500.

Vince Holding Corp. is a contemporary fashion brand known for modern style and everyday luxury essentials. The company has a market cap of $210.11 million. The Firm offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. It has a 37.17 P/E ratio. It operates in two divisions: wholesale and direct-to-consumer.

Insitutional Activity: The institutional sentiment decreased to 0.8 in 2016 Q2. Its down 1.41, from 2.21 in 2016Q1. The ratio dropped, as 10 funds sold all Vince Holding Corp shares owned while 14 reduced positions. 11 funds bought stakes while 42 increased positions. They now own 13.08 million shares or 22.92% more from 10.64 million shares in 2016Q1.
Barclays Plc has 0% invested in the company for 217,011 shares. Meeder Asset Incorporated has 0% invested in the company for 9,227 shares. Morgan Stanley holds 0% or 30,784 shares in its portfolio. J Goldman L P reported 335,000 shares or 0.1% of all its holdings. Teachers Advsr has invested 0% of its portfolio in Vince Holding Corp (NYSE:VNCE). Adage Cap Prtnrs Grp Ltd Liability Corporation accumulated 1.25M shares or 0.02% of the stock. Tudor Et Al accumulated 45,891 shares or 0.01% of the stock. Sei reported 176 shares or 0% of all its holdings. Savings Bank Of America De last reported 0% of its portfolio in the stock. Geode Capital Mgmt Limited Liability Company reported 154,406 shares or 0% of all its holdings. California Employees Retirement Systems, a California-based fund reported 23,060 shares. Schwab Charles accumulated 72,285 shares or 0% of the stock. Aqr Cap Mngmt Ltd Llc has 476,200 shares for 0% of their US portfolio. Nationwide Fund Advsrs has 28,597 shares for 0% of their US portfolio. Blackrock Mgmt Ltd has 0% invested in the company for 99,277 shares.

Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 0 selling transactions for $158,400 net activity. On Monday, June 13 HOFFMAN BRENDAN bought $158,400 worth of the stock or 30,000 shares.

Vince Holding Corp (NYSE:VNCE) Ratings Coverage

Out of 5 analysts covering Vince Holding (NYSE:VNCE), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. $11 is the highest target while $5 is the lowest. The $6.90 average target is 58.62% above today’s ($4.35) stock price. Vince Holding has been the topic of 11 analyst reports since September 2, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the shares of VNCE in a report on Friday, September 4 with “Equal-Weight” rating. B. Riley & Co maintained the shares of VNCE in a report on Friday, September 4 with “Neutral” rating. The rating was downgraded by Bank of America to “Underperform” on Friday, September 4. As per Monday, August 22, the company rating was upgraded by Piper Jaffray. The stock has “Neutral” rating given by Robert W. Baird on Friday, September 4. The rating was upgraded by PiperJaffray on Monday, August 22 to “Buy”.

VNCE Company Profile

Vince Holding Corp. (Vince), incorporated on January 7, 2008, is a contemporary fashion brand known for modern style and everyday luxury essentials. The Firm offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. The Firm operates in two divisions: wholesale and direct-to-consumer. The Firm creates its products in the United States and sources its products from contract manufacturers outside the United States, primarily in Asia and South America. It offers women’s line under the Vince brand, which includes seasonal collections of cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and an assortment of outerwear. The men’s collection under the Vince brand includes t-shirts, knit and woven tops, sweaters, denim, pants, blazers, outerwear and leather jackets.

More notable recent Vince Holding Corp (NYSE:VNCE) news were published by: Fool.com which released: “Why Vince Holding Corp. Stock Plummeted Friday” on September 04, 2015, also Prnewswire.com with their article: “Vince Holding Corp. Names Brendan L. Hoffman Chief Executive Officer” published on October 22, 2015, Fool.com published: “Why Shares of Vince Holding Corp. Plunged Today” on June 05, 2015. More interesting news about Vince Holding Corp (NYSE:VNCE) were released by: Equitiesfocus.com and their article: “Vince Holding Corp. (NYSE:VNCE) Stock Gets Revised Target Of $6.88” published on November 21, 2016 as well as Businesswire.com‘s news article titled: “Vince Holding Corp. Announces Subscription Price for Previously Announced …” with publication date: March 16, 2016.

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By Nellie Frank


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