Vince Holding Corp. (NYSE:VNCE) Sees Significant Decline in Short Interest

Vince Holding Corp. (NYSE:VNCE) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 28,000 shares, a drop of 17.6% from the October 15th total of 34,000 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 1.9 days. Approximately 0.9% of the company’s stock are sold short.

Vince Stock Down 1.2 %

Shares of NYSE VNCE traded down $0.02 during midday trading on Friday, hitting $1.70. 2,215 shares of the company’s stock were exchanged, compared to its average volume of 9,198. The firm’s fifty day simple moving average is $1.91 and its 200-day simple moving average is $1.71. The company has a market cap of $21.42 million, a PE ratio of 15.46 and a beta of 1.75. Vince has a twelve month low of $1.15 and a twelve month high of $4.73. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.61 and a quick ratio of 0.63.

Vince (NYSE:VNCE) last released its quarterly earnings data on Monday, September 16th. The textile maker reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.29. The company had revenue of $74.17 million for the quarter, compared to analysts’ expectations of $68.23 million. Vince had a net margin of 0.43% and a negative return on equity of 10.89%. During the same quarter last year, the company earned ($0.04) earnings per share. Research analysts predict that Vince will post 0.01 EPS for the current fiscal year.

Institutional Investors Weigh In On Vince

An institutional investor recently raised its position in Vince stock. Atlas Private Wealth Advisors grew its position in Vince Holding Corp. (NYSE:VNCE) by 102.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 141,806 shares of the textile maker’s stock after acquiring an additional 71,903 shares during the quarter. Atlas Private Wealth Advisors owned about 1.13% of Vince worth $196,000 at the end of the most recent reporting period. 16.11% of the stock is owned by hedge funds and other institutional investors.

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.