Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Rises By 18.8%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 5,700 shares, an increase of 18.8% from the July 31st total of 4,800 shares. Based on an average trading volume of 29,400 shares, the short-interest ratio is currently 0.2 days.

Crimson Wine Group Stock Up 0.2 %

Shares of OTCMKTS:CWGL traded up $0.01 during midday trading on Monday, reaching $6.01. 1,600 shares of the company were exchanged, compared to its average volume of 9,174. Crimson Wine Group has a fifty-two week low of $5.38 and a fifty-two week high of $6.47. The company has a quick ratio of 3.64, a current ratio of 9.54 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $5.95 and a two-hundred day simple moving average of $5.87. The firm has a market cap of $124.65 million, a PE ratio of 40.07 and a beta of 0.53.

Crimson Wine Group (OTCMKTS:CWGL) last issued its quarterly earnings data on Monday, August 12th. The company reported $0.01 EPS for the quarter. Crimson Wine Group had a net margin of 3.69% and a return on equity of 1.43%.

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.