Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Short Interest Update

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 238,700 shares, a decline of 41.7% from the February 29th total of 409,100 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 178,700 shares, the short-interest ratio is currently 1.3 days.

Splash Beverage Group Stock Performance

SBEV stock traded up $0.02 during trading on Thursday, hitting $0.48. The company had a trading volume of 10,955 shares, compared to its average volume of 178,082. The company has a quick ratio of 0.20, a current ratio of 0.46 and a debt-to-equity ratio of 0.06. Splash Beverage Group has a fifty-two week low of $0.32 and a fifty-two week high of $1.72.

Hedge Funds Weigh In On Splash Beverage Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Atria Wealth Solutions Inc. bought a new stake in shares of Splash Beverage Group in the fourth quarter valued at about $25,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Splash Beverage Group in the first quarter valued at about $33,000. Bank of New York Mellon Corp bought a new stake in Splash Beverage Group during the 1st quarter worth about $33,000. Two Sigma Securities LLC bought a new stake in Splash Beverage Group during the 2nd quarter worth about $40,000. Finally, Renaissance Technologies LLC bought a new stake in Splash Beverage Group during the second quarter worth $54,000. 5.77% of the stock is owned by institutional investors.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria.