Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Sees Large Decline in Short Interest

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 38,300 shares, a decrease of 8.2% from the November 15th total of 41,700 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 7.5 days.

Crimson Wine Group Stock Performance

Shares of CWGL stock opened at $6.60 on Wednesday. The company has a current ratio of 5.65, a quick ratio of 1.99 and a debt-to-equity ratio of 0.08. Crimson Wine Group has a twelve month low of $5.60 and a twelve month high of $7.00. The company’s 50-day moving average price is $6.63 and its 200-day moving average price is $6.23. The stock has a market cap of $136.39 million, a price-to-earnings ratio of 132.00 and a beta of 0.53.

About Crimson Wine Group

Crimson Wine Group, Ltd., through its subsidiaries, produces and sells wines in the United States and internationally. It operates in two segments, Wholesale and Direct to Consumer. The company also sells bulk wines and grapes; and other non-wine products, such as merchandise, as well as provides custom winemaking services.