Crimson Wine Group Ltd. (OTCMKTS:CWGL) Stock Short Interest Report for September

Crimson Wine Group Ltd. (OTCMKTS:CWGL) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 2,385 shares, a drop of 41.3% from the September 15th total of 4,062 shares. Based on an average trading volume of 9,855 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Crimson Wine Group Stock Down 5.2%

Shares of OTCMKTS CWGL traded down $0.23 during midday trading on Thursday, hitting $4.20. 227 shares of the stock traded hands, compared to its average volume of 11,901. The company has a market cap of $86.48 million, a PE ratio of 84.00 and a beta of 0.41. Crimson Wine Group has a one year low of $3.82 and a one year high of $5.36. The business has a 50 day moving average price of $4.32 and a two-hundred day moving average price of $4.28. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.86 and a current ratio of 10.52.

Crimson Wine Group Company Profile

Crimson Wine Group, Ltd. is a premium wine company that produces, markets and sells wines through a portfolio of winery and vineyard brands. Its products include a range of varietal and blended wines, with an emphasis on wines made from grapes grown in established U.S. wine regions.

The company’s brand portfolio has included Pine Ridge Vineyards and Archery Summit, as well as Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon and Malene. These brands offer wines such as Cabernet Sauvignon, Pinot Noir, Chardonnay, Zinfandel and rosé, among other varieties.

Crimson Wine Group’s operations span several prominent U.S.