Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Expands By 20.0%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a large increase in short interest in 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 traded up $0.10 during mid-day trading on Friday, hitting $5.70. 84,771 shares of the company’s stock were exchanged, compared to its average volume of 3,897. The company has a 50 day simple moving average of $6.17 and a 200-day simple moving average of $6.30. 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 fifty-two week low of $5.51 and a fifty-two week high of $7.00. The firm has a market capitalization of $117.59 million, a P/E ratio of 114.00 and a beta of 0.52.

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.