LQR House Inc. (NASDAQ:LQR) Short Interest Down 15.9% in November

LQR House Inc. (NASDAQ:LQR) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 163,500 shares, a drop of 15.9% from the October 31st total of 194,400 shares. Based on an average daily trading volume, of 425,400 shares, the short-interest ratio is currently 0.4 days. Approximately 3.8% of the shares of the company are sold short.

Insider Activity at LQR House

In other LQR House news, CEO Sean Dollinger acquired 28,700 shares of the stock in a transaction on Tuesday, November 26th. The shares were bought at an average price of $1.04 per share, with a total value of $29,848.00. Following the acquisition, the chief executive officer now owns 77,243 shares of the company’s stock, valued at $80,332.72. This trade represents a 59.12 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.03% of the stock is currently owned by insiders.

LQR House Price Performance

LQR opened at $1.13 on Friday. LQR House has a 12 month low of $0.40 and a 12 month high of $3.47. The business has a 50 day simple moving average of $0.72 and a 200-day simple moving average of $0.79.

LQR House Company Profile

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.