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

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 15,900 shares, a drop of 58.5% from the November 30th total of 38,300 shares. Based on an average daily trading volume, of 12,600 shares, the short-interest ratio is presently 1.3 days.

Crimson Wine Group Stock Performance

OTCMKTS:CWGL traded down $0.13 during mid-day trading on Friday, reaching $6.29. 3,474 shares of the company’s stock were exchanged, compared to its average volume of 9,580. Crimson Wine Group has a one year low of $5.60 and a one year high of $7.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.99 and a current ratio of 5.65. The business’s fifty day simple moving average is $6.60 and its two-hundred day simple moving average is $6.25. The firm has a market capitalization of $129.92 million, a PE ratio of 125.80 and a beta of 0.53.

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.