Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Down 58.5% in December

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 15,900 shares, a decrease of 58.5% from the November 30th total of 38,300 shares. Based on an average daily volume of 12,600 shares, the days-to-cover ratio is presently 1.3 days.

Crimson Wine Group Price Performance

OTCMKTS CWGL traded down $0.07 on Friday, reaching $6.35. 3,458 shares of the stock traded hands, compared to its average volume of 9,554. Crimson Wine Group has a 12 month low of $5.60 and a 12 month 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 firm’s fifty day simple moving average is $6.59 and its 200 day simple moving average is $6.26. The company has a market cap of $131.16 million, a price-to-earnings ratio of 127.00 and a beta of 0.53.

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.