Short Interest in Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Declines By 87.4%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 2,000 shares, a drop of 87.4% from the December 15th total of 15,900 shares. Based on an average trading volume of 12,100 shares, the days-to-cover ratio is presently 0.2 days.

Crimson Wine Group Trading Up 0.7 %

OTCMKTS CWGL traded up $0.04 during trading on Tuesday, hitting $6.05. 1,973 shares of the company’s stock traded hands, compared to its average volume of 4,222. The stock has a fifty day moving average of $6.47 and a two-hundred day moving average of $6.29. Crimson Wine Group has a 12-month low of $5.60 and a 12-month high of $7.00. The firm has a market cap of $125.05 million, a P/E ratio of 121.00 and a beta of 0.53. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.65 and a quick ratio of 1.99.

About Crimson Wine Group

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.