Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Down 15.9% in December

Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 207,700 shares, a decline of 15.9% from the November 30th total of 247,000 shares. Approximately 1.5% of the company's shares are short sold. Based on an average daily trading volume, of 72,700 shares, the days-to-cover ratio is presently 2.9 days.

Institutional Investors Weigh In On Vinci Partners Investments

Several large investors have recently added to or reduced their stakes in the business. SPX Gestao de Recursos Ltda lifted its position in shares of Vinci Partners Investments by 3.4% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company's stock valued at $35,377,000 after acquiring an additional 115,545 shares during the period. National Bank of Canada FI boosted its position in shares of 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 worth $1,522,000 after purchasing an additional 94,467 shares in the last quarter. State Street Corp boosted its position in shares of Vinci Partners Investments by 391.0% during the 3rd quarter. State Street Corp now owns 105,534 shares of the company's stock worth $1,048,000 after purchasing an additional 84,040 shares in the last quarter. Driehaus Capital Management LLC grew its stake in shares of Vinci Partners Investments by 6.8% in the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company's stock valued at $1,680,000 after buying an additional 9,803 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in Vinci Partners Investments during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 34.07% of the company's stock.

Vinci Partners Investments Trading Down 1.2 %

Shares of NASDAQ:VINP traded down $0.12 during trading on Friday, reaching $10.02. The stock had a trading volume of 57,959 shares, compared to its average volume of 65,011. Vinci Partners Investments has a 52 week low of $9.01 and a 52 week high of $11.85. The firm's fifty day moving average is $10.31 and its 200 day moving average is $10.48. The stock has a market cap of $538.87 million, a price-to-earnings ratio of 16.16 and a beta of 0.09. The company has a debt-to-equity ratio of 0.51, a quick ratio of 12.68 and a current ratio of 12.68.

Vinci Partners Investments Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 20th were given a dividend of $0.16 per share. The ex-dividend date was Wednesday, November 20th. This represents a $0.64 annualized dividend and a dividend yield of 6.39%. Vinci Partners Investments's payout ratio is 103.23%.

Analyst Upgrades and Downgrades

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

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.