Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Drops By 14.0%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 41,700 shares, a decline of 14.0% from the October 31st total of 48,500 shares. Based on an average daily trading volume, of 21,500 shares, the days-to-cover ratio is currently 1.9 days.

Crimson Wine Group Stock Up 0.3 %

Shares of OTCMKTS:CWGL opened at $6.62 on Tuesday. Crimson Wine Group has a 1 year low of $5.60 and a 1 year high of $7.00. The stock has a 50-day simple moving average of $6.60 and a 200-day simple moving average of $6.17. The stock has a market capitalization of $136.84 million, a P/E ratio of 132.40 and a beta of 0.53. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.99 and a current ratio of 5.65.

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.