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

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

Crimson Wine Group Stock Down 0.7 %

CWGL stock traded down $0.04 during trading on Monday, reaching $6.01. 1,979 shares of the company traded hands, compared to its average volume of 4,554. The company has a market capitalization of $124.23 million, a price-to-earnings ratio of 120.20 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. The business has a 50 day simple moving average of $6.48 and a 200 day simple moving average of $6.29. Crimson Wine Group has a 12 month low of $5.60 and a 12 month 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.