Short Interest in Naked Wines plc (OTCMKTS:NWINF) Declines By 36.6%

Naked Wines plc (OTCMKTS:NWINF) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 11,100 shares, a decline of 36.6% from the December 31st total of 17,500 shares. Based on an average daily volume of 17,600 shares, the days-to-cover ratio is currently 0.6 days.

Naked Wines Price Performance

Shares of Naked Wines stock opened at $0.60 on Wednesday. Naked Wines has a twelve month low of $0.52 and a twelve month high of $0.95. The company’s fifty day moving average is $0.62 and its 200 day moving average is $0.67.

About Naked Wines

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines and spirits in the United Kingdom, the United States, and Australia. The company offers its products online. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019. The company was founded in 1980 and is headquartered in Norwich, the United Kingdom.