Naked Wines plc (OTCMKTS:NWINF) Sees Large Growth in Short Interest

Naked Wines plc (OTCMKTS:NWINF) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 6,000 shares, an increase of 20.0% from the January 31st total of 5,000 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 4.0 days.

Naked Wines Stock Performance

Shares of Naked Wines stock opened at $0.79 on Friday. The company has a 50-day moving average of $0.63 and a 200 day moving average of $0.66. Naked Wines has a 1 year low of $0.52 and a 1 year high of $0.85.

About Naked Wines

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines and spirits in the United Kingdom, the United States, and Australia. The company offers its products online. The company was formerly known as Majestic Wine plc and changed its name to Naked Wines plc in August 2019. The company was founded in 1980 and is headquartered in Norwich, the United Kingdom.