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

Vince Holding Corp. (NYSE:VNCE) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 42,000 shares, a decline of 21.5% from the December 31st total of 53,500 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 2,350,000 shares, the days-to-cover ratio is presently 0.0 days.

Insider Activity

In other Vince news, major shareholder Rodger R. Krouse sold 7,218,385 shares of the stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $2.33, for a total transaction of $16,818,837.05. Following the completion of the transaction, the insider now owns 1,262,933 shares of the company’s stock, valued at $2,942,633.89. This trade represents a 85.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 3.30% of the company’s stock.

Vince Price Performance

Vince stock opened at $3.56 on Friday. The company’s 50 day moving average is $2.97 and its two-hundred day moving average is $2.20. The firm has a market cap of $44.89 million, a PE ratio of 9.62 and a beta of 1.47. The company has a quick ratio of 0.64, a current ratio of 1.74 and a debt-to-equity ratio of 0.89. Vince has a 52-week low of $1.27 and a 52-week high of $6.89.

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

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.