Naked Wines plc (OTCMKTS:NWINF) Sees Significant Decline in Short Interest

Naked Wines plc (OTCMKTS:NWINF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 4,000 shares, a drop of 31.0% from the August 31st total of 5,800 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 0.4 days.

Naked Wines Price Performance

Naked Wines stock traded down $0.06 during mid-day trading on Friday, reaching $0.69. 3,401 shares of the company were exchanged, compared to its average volume of 4,455. The company has a fifty day simple moving average of $0.69 and a 200-day simple moving average of $0.71. Naked Wines has a 12 month low of $0.33 and a 12 month high of $0.95.

Naked Wines Company Profile

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.