Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Short Interest Update

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,310,000 shares, a decrease of 38.5% from the January 31st total of 2,130,000 shares. Based on an average daily trading volume, of 2,590,000 shares, the short-interest ratio is currently 0.5 days. Approximately 2.4% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, HC Wainwright lowered their price objective on Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating for the company in a research note on Friday, November 29th.

Splash Beverage Group Stock Down 4.0 %

Shares of SBEV stock traded down $0.01 on Tuesday, reaching $0.15. 642,521 shares of the company’s stock were exchanged, compared to its average volume of 3,955,406. The business has a fifty day moving average of $0.19. Splash Beverage Group has a 52 week low of $0.14 and a 52 week high of $0.70. The company has a market cap of $8.96 million, a PE ratio of -0.34 and a beta of -1.07.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.