Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Short Interest Up 67.3% in May

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 9,200 shares, an increase of 67.3% from the May 15th total of 5,500 shares. Based on an average daily volume of 15,900 shares, the short-interest ratio is presently 0.6 days.

Crimson Wine Group Stock Up 1.2 %

Shares of OTCMKTS CWGL opened at $5.82 on Friday. Crimson Wine Group has a 52-week low of $5.38 and a 52-week high of $6.96. The firm has a market capitalization of $121.11 million, a price-to-earnings ratio of 38.80 and a beta of 0.51. The stock has a 50 day moving average price of $5.84 and a 200 day moving average price of $5.86. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.82 and a current ratio of 10.27.

Crimson Wine Group (OTCMKTS:CWGL) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.03) earnings per share for the quarter. Crimson Wine Group had a net margin of 4.24% and a return on equity of 1.66%. The firm had revenue of $15.93 million during the quarter.

Crimson Wine Group Company Profile

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.