Vintage Wine Estates, Inc. (NASDAQ:VWE) Short Interest Down 18.1% in June

Vintage Wine Estates, Inc. (NASDAQ:VWE) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 284,300 shares, a decrease of 18.1% from the May 31st total of 347,300 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 317,000 shares, the days-to-cover ratio is presently 0.9 days.

Vintage Wine Estates Stock Down 4.7 %

Vintage Wine Estates stock opened at $0.14 on Monday. Vintage Wine Estates has a twelve month low of $0.13 and a twelve month high of $1.14. The company has a 50 day moving average of $0.25 and a 200-day moving average of $0.37. The stock has a market capitalization of $8.74 million, a PE ratio of -0.06 and a beta of 1.63.

Vintage Wine Estates (NASDAQ:VWE) last released its earnings results on Wednesday, May 15th. The company reported ($0.44) earnings per share (EPS) for the quarter. Vintage Wine Estates had a negative return on equity of 72.38% and a negative net margin of 55.58%. The firm had revenue of $45.67 million for the quarter.

Vintage Wine Estates Company Profile

Vintage Wine Estates, Inc produces and sells wines and spirits in the United States, Canada, and internationally. The company offers its products under the brands Bar Dog, B.R. Cohn, Cameron Hughes, Cherry Pie, Firesteed, Kunde, and others. It also owns and operates hospitality facilities; and provides bottling, fulfillment, and storage services to other companies on a contract basis.