Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Declines By 33.3%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 48,500 shares, a drop of 33.3% from the October 15th total of 72,700 shares. Based on an average daily volume of 11,400 shares, the days-to-cover ratio is presently 4.3 days.

Crimson Wine Group Price Performance

Crimson Wine Group stock remained flat at $6.70 during mid-day trading on Friday. The company’s stock had a trading volume of 32 shares, compared to its average volume of 8,783. Crimson Wine Group has a 1 year low of $5.60 and a 1 year high of $7.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99. The business has a fifty day moving average of $6.53 and a two-hundred day moving average of $6.12. The company has a market capitalization of $138.62 million, a P/E ratio of 134.00 and a beta of 0.53.

Crimson Wine Group Company Profile

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.