Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Down 33.3% in October

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 48,500 shares, a decrease of 33.3% from the October 15th total of 72,700 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is currently 4.3 days.

Crimson Wine Group Stock Performance

Shares of OTCMKTS CWGL remained flat at $6.70 during trading on Friday. The stock had a trading volume of 32 shares, compared to its average volume of 8,783. Crimson Wine Group has a 1 year low of $5.60 and a 1 year high of $7.00. The company has a quick ratio of 1.99, a current ratio of 5.65 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $138.62 million, a price-to-earnings ratio of 134.00 and a beta of 0.53. The company has a 50 day simple moving average of $6.53 and a 200 day simple moving average of $6.12.

Crimson Wine Group Company Profile

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.