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

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

Crimson Wine Group Stock Performance

OTCMKTS CWGL traded down $0.07 during trading hours on Friday, hitting $6.35. The company had a trading volume of 3,458 shares, compared to its average volume of 9,554. The business has a 50 day moving average of $6.59 and a 200-day moving average of $6.26. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.99 and a current ratio of 5.65. Crimson Wine Group has a 1-year low of $5.60 and a 1-year high of $7.00. The company has a market cap of $131.16 million, a PE ratio of 127.00 and a beta of 0.53.

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.