Vince Holding Corp. (NYSE:VNCE) Short Interest Down 47.1% in October

Vince Holding Corp. (NYSE:VNCE) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 34,000 shares, a decrease of 47.1% from the September 30th total of 64,300 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,200 shares, the days-to-cover ratio is currently 2.1 days.

Hedge Funds Weigh In On Vince

A hedge fund recently raised its stake in Vince stock. Atlas Private Wealth Advisors boosted its holdings in shares of Vince Holding Corp. (NYSE:VNCE) by 102.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,806 shares of the textile maker’s stock after purchasing an additional 71,903 shares during the period. Atlas Private Wealth Advisors owned 1.13% of Vince worth $196,000 as of its most recent SEC filing. 16.11% of the stock is currently owned by institutional investors and hedge funds.

Vince Stock Up 5.1 %

NYSE:VNCE traded up $0.09 during trading hours on Friday, hitting $1.84. 15,112 shares of the company’s stock traded hands, compared to its average volume of 19,562. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.63 and a current ratio of 1.61. Vince has a twelve month low of $1.00 and a twelve month high of $4.73. The stock’s fifty day moving average price is $1.89 and its two-hundred day moving average price is $1.81. The firm has a market cap of $23.18 million, a P/E ratio of 16.91 and a beta of 1.76.

Vince (NYSE:VNCE) last released its quarterly earnings results on Monday, September 16th. The textile maker reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.29. Vince had a negative return on equity of 10.89% and a net margin of 0.43%. The company had revenue of $74.17 million during the quarter, compared to the consensus estimate of $68.23 million. During the same quarter in the prior year, the company posted ($0.04) EPS. On average, research analysts expect that Vince will post 0.01 earnings per share for the current fiscal year.

About Vince

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.