Short Interest in LQR House Inc. (NASDAQ:LQR) Drops By 15.9%

LQR House Inc. (NASDAQ:LQR) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 163,500 shares, a drop of 15.9% from the October 31st total of 194,400 shares. Based on an average daily trading volume, of 425,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 3.8% of the company’s stock are sold short.

Insider Transactions at LQR House

In other news, CEO Sean Dollinger acquired 28,700 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of $1.04 per share, with a total value of $29,848.00. Following the completion of the acquisition, the chief executive officer now directly owns 77,243 shares in the company, valued at $80,332.72. This represents a 59.12 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.03% of the company’s stock.

LQR House Price Performance

Shares of NASDAQ LQR opened at $1.13 on Monday. The firm’s 50-day moving average price is $0.72 and its two-hundred day moving average price is $0.79. LQR House has a 52-week low of $0.40 and a 52-week high of $3.47.

LQR House Company Profile

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.