Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Up 22.2% in April

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,100 shares, an increase of 22.2% from the March 31st total of 900 shares. Based on an average trading volume of 14,200 shares, the days-to-cover ratio is presently 0.1 days.

Crimson Wine Group Stock Performance

Shares of CWGL traded up $0.06 during trading hours on Tuesday, reaching $5.96. 7,412 shares of the company’s stock traded hands, compared to its average volume of 5,544. Crimson Wine Group has a twelve month low of $5.38 and a twelve month high of $6.96. The business’s fifty day simple moving average is $5.83 and its two-hundred day simple moving average is $5.86. The company has a debt-to-equity ratio of 0.09, a current ratio of 6.74 and a quick ratio of 2.77. The firm has a market capitalization of $124.21 million, a price-to-earnings ratio of 39.73 and a beta of 0.47.

Crimson Wine Group (OTCMKTS:CWGL) last released its quarterly earnings results on Tuesday, March 19th. The company reported $0.07 EPS for the quarter. The company had revenue of $21.43 million for the quarter. Crimson Wine Group had a net margin of 4.31% and a return on equity of 1.67%.

About Crimson Wine Group

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines in the United States and internationally. The company operates through two segments, Wholesale and Direct to Consumer. It also sells bulk wines and grapes; and other non-wine products, such as merchandise custom winemaking, as well as provides custom winemaking services.