Gaucho Group Holdings, Inc. (NASDAQ:VINO) Short Interest Update

Gaucho Group Holdings, Inc. (NASDAQ:VINO) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 249,600 shares, a growth of 372.7% from the February 29th total of 52,800 shares. Approximately 4.0% of the shares of the company are short sold. Based on an average daily volume of 103,100 shares, the days-to-cover ratio is currently 2.4 days.

Gaucho Group Price Performance

Shares of VINO opened at $0.48 on Thursday. The business’s fifty day moving average price is $0.50 and its 200 day moving average price is $0.86. Gaucho Group has a 12-month low of $0.39 and a 12-month high of $16.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.48 and a current ratio of 0.83.

Institutional Investors Weigh In On Gaucho Group

A hedge fund recently raised its stake in Gaucho Group stock. Citadel Advisors LLC raised its stake in Gaucho Group Holdings, Inc. (NASDAQ:VINO) by 256.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 315,338 shares of the company’s stock after buying an additional 226,831 shares during the quarter. Citadel Advisors LLC owned approximately 11.47% of Gaucho Group worth $71,000 as of its most recent SEC filing. 31.19% of the stock is owned by institutional investors.

About Gaucho Group

Gaucho Group Holdings, Inc, through its subsidiaries, invests in, develops, and operates real estate projects in Argentina. The company owns and operates boutique hotel, hospitality, and luxury vineyard property market; a resort and winery property, 9-hole golf course, tennis courts, dining, and a hotel.