Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Update

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,400 shares, an increase of 20.0% from the January 15th total of 2,000 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is presently 0.3 days.

Crimson Wine Group Trading Up 1.8 %

OTCMKTS:CWGL opened at $5.70 on Monday. 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 1-year low of $5.51 and a 1-year high of $7.00. The firm has a market capitalization of $117.59 million, a price-to-earnings ratio of 114.00 and a beta of 0.52. The business’s 50-day moving average price is $6.17 and its two-hundred day moving average price is $6.30.

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.