Crimson Wine Group Ltd. (OTCMKTS:CWGL) Shares Shorted: Short Interest Down 41.3% in September

Crimson Wine Group Ltd. (OTCMKTS:CWGL) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,385 shares, a decline of 41.3% from the September 15th total of 4,062 shares. Based on an average daily volume of 9,855 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Crimson Wine Group Price Performance

OTCMKTS:CWGL traded up $0.03 during trading hours on Friday, hitting $4.23. The company’s stock had a trading volume of 389 shares, compared to its average volume of 5,751. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.86 and a current ratio of 10.52. Crimson Wine Group has a 52-week low of $3.82 and a 52-week high of $5.36. The company has a market capitalization of $87.10 million, a PE ratio of 84.60 and a beta of 0.41. The business’s 50-day moving average is $4.33 and its two-hundred day moving average is $4.28.

Crimson Wine Group Company Profile

Crimson Wine Group, Ltd. is a premium wine company that produces, markets and sells wines through a portfolio of winery and vineyard brands. Its products include a range of varietal and blended wines, with an emphasis on wines made from grapes grown in established U.S. wine regions.

The company’s brand portfolio has included Pine Ridge Vineyards and Archery Summit, as well as Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon and Malene. These brands offer wines such as Cabernet Sauvignon, Pinot Noir, Chardonnay, Zinfandel and rosé, among other varieties.

Crimson Wine Group’s operations span several prominent U.S.