Short Interest in Vince Holding Corp. (NYSE:VNCE) Decreases By 21.5%

Vince Holding Corp. (NYSE:VNCEGet Free Report) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 42,000 shares, a drop of 21.5% from the December 31st total of 53,500 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 2,350,000 shares, the short-interest ratio is currently 0.0 days.

Vince Stock Performance

Shares of VNCE opened at $3.56 on Friday. The stock has a market capitalization of $44.89 million, a P/E ratio of 9.62 and a beta of 1.47. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.64 and a current ratio of 1.74. Vince has a 1 year low of $1.27 and a 1 year high of $6.89. The company’s fifty day moving average is $2.97 and its two-hundred day moving average is $2.20.

Vince (NYSE:VNCEGet Free Report) last issued its quarterly earnings results on Tuesday, December 10th. The textile maker reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.11. Vince had a net margin of 1.60% and a negative return on equity of 5.77%. On average, sell-side analysts predict that Vince will post 0.63 earnings per share for the current year.

Insiders Place Their Bets

In other news, major shareholder Rodger R. Krouse sold 7,218,385 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $2.33, for a total transaction of $16,818,837.05. Following the completion of the sale, the insider now owns 1,262,933 shares in the company, valued at $2,942,633.89. This represents a 85.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.30% of the stock is currently owned by insiders.

Vince Company Profile

(Get Free Report)

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.

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