Gaucho Group Holdings, Inc. (NASDAQ:VINO) Short Interest Up 46.7% in October

Gaucho Group Holdings, Inc. (NASDAQ:VINO) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 26,700 shares, a growth of 46.7% from the September 30th total of 18,200 shares. Currently, 3.1% of the company’s stock are sold short. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is presently 2.7 days.

Gaucho Group Trading Down 1.1 %

Shares of VINO traded down $0.05 during midday trading on Monday, hitting $4.47. The company had a trading volume of 2,743 shares, compared to its average volume of 36,107. The company’s 50 day moving average price is $4.85 and its 200 day moving average price is $5.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.35 and a quick ratio of 0.19. Gaucho Group has a 52 week low of $3.89 and a 52 week high of $11.00.

Gaucho Group (NASDAQ:VINO) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($3.11) earnings per share for the quarter. Gaucho Group had a negative net margin of 692.17% and a negative return on equity of 267.39%. The firm had revenue of $0.43 million during the quarter.

About Gaucho Group

Gaucho Group Holdings, Inc, through its subsidiaries, engages in the investment, development, management, and operation of real estate projects in Argentina. Its development projects include residential vineyard lots. The company also owns and operates boutique hotels, hospitality, and luxury vineyard property market; golf, tennis, and wellness resorts; as well as restaurant; and engages in production and sale of wine.