Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Declines By 87.4%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,000 shares, a decrease of 87.4% from the December 15th total of 15,900 shares. Based on an average daily trading volume, of 12,100 shares, the short-interest ratio is currently 0.2 days.

Crimson Wine Group Stock Performance

CWGL traded down $0.04 during trading on Monday, reaching $6.01. 1,979 shares of the company’s stock were exchanged, compared to its average volume of 4,554. The company’s fifty day simple moving average is $6.48 and its 200-day simple moving average is $6.29. The stock has a market capitalization of $124.23 million, a P/E ratio of 120.20 and a beta of 0.53. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99. Crimson Wine Group has a 1 year low of $5.60 and a 1 year high of $7.00.

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.