Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Declines By 20.0%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 1,200 shares, a decline of 20.0% from the August 15th total of 1,500 shares. Based on an average trading volume of 19,800 shares, the short-interest ratio is currently 0.1 days.

Crimson Wine Group Stock Up 3.9 %

CWGL stock traded up $0.23 during trading on Monday, reaching $6.13. The stock had a trading volume of 703 shares, compared to its average volume of 10,262. Crimson Wine Group has a one year low of $5.11 and a one year high of $6.97. The company has a current ratio of 9.67, a quick ratio of 4.30 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $6.44 and its two-hundred day moving average is $6.43.

Crimson Wine Group (OTCMKTS:CWGL) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.03 earnings per share (EPS) for the quarter. Crimson Wine Group had a net margin of 1.21% and a return on equity of 0.45%. The business had revenue of $17.72 million during the quarter.

Crimson Wine Group Company Profile

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines. It operates through two segments, Wholesale and Direct to Consumer. It also sells bulk wines and grapes; provides custom winemaking; and offers other non-wine products, such as merchandise. It sells its products under the Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines brand names.