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

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

Crimson Wine Group Stock Down 1.5 %

Shares of OTCMKTS:CWGL traded down $0.09 during trading on Tuesday, hitting $6.01. 1,211 shares of the company were exchanged, compared to its average volume of 4,977. The firm’s 50 day moving average price is $6.34 and its 200-day moving average price is $6.30. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99. Crimson Wine Group has a 12-month low of $5.60 and a 12-month high of $7.00. The stock has a market capitalization of $124.05 million, a P/E ratio of 120.20 and a beta of 0.52.

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.