Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Rises By 20.0%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL - Get Free Report) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 2,400 shares, a growth of 20.0% from the January 15th total of 2,000 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 0.3 days.

Crimson Wine Group Price Performance

Shares of CWGL traded down $0.11 during mid-day trading on Wednesday, hitting $5.79. 27,062 shares of the company traded hands, compared to its average volume of 13,552. The company has a current ratio of 5.65, a quick ratio of 1.99 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $119.39 million, a price-to-earnings ratio of 115.80 and a beta of 0.52. The business has a 50-day moving average of $6.14 and a 200 day moving average of $6.30. Crimson Wine Group has a one year low of $5.51 and a one year high of $7.00.

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.