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

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 85,400 shares, a growth of 3,316.0% from the September 15th total of 2,500 shares. Based on an average trading volume of 28,200 shares, the short-interest ratio is presently 3.0 days.

Crimson Wine Group Trading Up 0.5 %

Shares of OTCMKTS:CWGL traded up $0.03 on Thursday, hitting $6.55. 10,788 shares of the company’s stock were exchanged, compared to its average volume of 9,744. The stock has a market capitalization of $136.32 million, a price-to-earnings ratio of 43.67 and a beta of 0.54. Crimson Wine Group has a 12 month low of $5.38 and a 12 month high of $6.79. The company has a debt-to-equity ratio of 0.09, a current ratio of 9.54 and a quick ratio of 3.64. The business’s 50 day simple moving average is $6.13 and its two-hundred day simple moving average is $5.96.

Crimson Wine Group (OTCMKTS:CWGL) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.01 EPS for the quarter. The firm had revenue of $17.25 million for the quarter. Crimson Wine Group had a return on equity of 1.43% and a net margin of 3.69%.

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.