Crimson Wine Group Ltd. (OTCMKTS:CWGL) Short Interest Update

Crimson Wine Group Ltd. (OTCMKTS:CWGL) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 7,607 shares, a decrease of 36.7% from the April 15th total of 12,015 shares. Based on an average daily trading volume, of 11,149 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short.

Crimson Wine Group Price Performance

Shares of OTCMKTS:CWGL opened at $4.00 on Tuesday. The company has a 50-day simple moving average of $4.38 and a 200-day simple moving average of $4.76. Crimson Wine Group has a one year low of $3.82 and a one year high of $5.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.29 and a current ratio of 11.54. The stock has a market capitalization of $82.36 million, a price-to-earnings ratio of 80.00 and a beta of 0.41.

Crimson Wine Group (OTCMKTS:CWGL) last announced its earnings results on Tuesday, March 17th. The company reported $0.04 EPS for the quarter. Crimson Wine Group had a net margin of 1.33% and a return on equity of 0.49%. The business had revenue of $20.31 million during the quarter.

About Crimson Wine Group

Crimson Wine Group, Inc is a U.S.-based premium wine company that acquires, manages and markets a diversified portfolio of estate vineyards and wineries. Founded in 1999 by Bill Paladino as a winery management and marketing platform, the company went public in 2012 and operates under the OTCMKTS ticker CWGL. Its core business centers on producing small-lot, high-quality wines and offering hospitality experiences at its owned and partner-operated properties.

The company’s portfolio spans multiple appellations in California and Oregon, including Napa Valley, Sonoma Coast and the Willamette Valley.