Crimson Wine Group Ltd. (OTCMKTS:CWGL) Sees Significant Drop in Short Interest

Crimson Wine Group Ltd. (OTCMKTS:CWGL) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 900 shares, adropof47.1% from the July 15th total of 1,700 shares. Based on an average trading volume of 8,800 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the company’s shares are short sold. Currently,0.0% of the company’s shares are short sold. Based on an average trading volume of 8,800 shares, the short-interest ratio is presently 0.1 days.

Crimson Wine Group Price Performance

Shares of CWGL stock opened at $5.59 on Monday. Crimson Wine Group has a 52-week low of $5.39 and a 52-week high of $7.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.40 and a current ratio of 9.80. The firm has a market capitalization of $115.10 million, a P/E ratio of -559,000.00 and a beta of 0.48. The stock has a 50 day moving average price of $5.59 and a 200 day moving average price of $5.66.

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.