Short Interest in Naked Wines plc (OTCMKTS:NWINF) Grows By 45.0%

Naked Wines plc (OTCMKTS:NWINF) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,800 shares, an increase of 45.0% from the August 15th total of 4,000 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 3.2 days.

Naked Wines Price Performance

Shares of OTCMKTS:NWINF remained flat at $0.67 during trading on Monday. The stock had a trading volume of 1,565 shares, compared to its average volume of 4,418. Naked Wines has a 1 year low of $0.33 and a 1 year high of $0.95. The business’s 50-day moving average price is $0.71 and its 200-day moving average price is $0.71.

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.