Splash Beverage Group (NYSEAMERICAN:SBEV) Shares Down 2.1%

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) fell 2.1% during mid-day trading on Wednesday . The company traded as low as $0.46 and last traded at $0.46. 74,841 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 180,902 shares. The stock had previously closed at $0.47.

Splash Beverage Group Stock Performance

The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.20 and a current ratio of 0.46.

Institutional Trading of Splash Beverage Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Splash Beverage Group by 9,981.9% during the first quarter. Vanguard Group Inc. now owns 1,440,700 shares of the company’s stock valued at $4,091,000 after purchasing an additional 1,426,410 shares during the last quarter. Virtu Financial LLC lifted its position in shares of Splash Beverage Group by 670.5% in the first quarter. Virtu Financial LLC now owns 91,069 shares of the company’s stock worth $259,000 after buying an additional 79,250 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Splash Beverage Group in the second quarter worth about $54,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Splash Beverage Group in the fourth quarter worth about $25,000. Finally, State Street Corp lifted its position in shares of Splash Beverage Group by 107.7% in the first quarter. State Street Corp now owns 70,000 shares of the company’s stock worth $199,000 after buying an additional 36,300 shares during the last quarter. Institutional investors and hedge funds own 5.77% of the company’s stock.

About Splash Beverage Group

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria.