Vince Holding Corp. (NYSE:VNCE) Short Interest Down 17.6% in October

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

Vince Price Performance

NYSE VNCE traded down $0.02 during mid-day trading on Friday, hitting $1.70. The stock had a trading volume of 2,215 shares, compared to its average volume of 9,198. Vince has a twelve month low of $1.15 and a twelve month high of $4.73. The stock has a market capitalization of $21.42 million, a price-to-earnings ratio of 15.46 and a beta of 1.75. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.61 and a quick ratio of 0.63. The firm’s 50 day moving average is $1.91 and its 200 day moving average is $1.71.

Vince (NYSE:VNCE) last announced its earnings results on Monday, September 16th. The textile maker reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $68.23 million. During the same quarter in the previous year, the company earned ($0.04) earnings per share. Equities research analysts forecast that Vince will post 0.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Vince stock. Atlas Private Wealth Advisors grew its holdings in shares of Vince Holding Corp. (NYSE:VNCE) by 102.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 approximately 1.13% of Vince worth $196,000 at the end of the most recent reporting period. 16.11% of the stock is currently owned by hedge funds and other institutional investors.

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.