Naked Wines plc (OTCMKTS:NWINF) Sees Large Decrease in Short Interest

Naked Wines plc (OTCMKTS:NWINF) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 6,000 shares, a drop of 17.8% from the January 15th total of 7,303 shares. Based on an average daily trading volume, of 690 shares, the short-interest ratio is currently 8.7 days. Based on an average daily trading volume, of 690 shares, the short-interest ratio is currently 8.7 days.

Naked Wines Trading Up 8.7%

OTCMKTS NWINF traded up $0.08 during trading on Monday, reaching $1.00. 4,520 shares of the company’s stock traded hands, compared to its average volume of 1,953. Naked Wines has a 12-month low of $0.60 and a 12-month high of $1.25. The company’s 50 day simple moving average is $0.93 and its two-hundred day simple moving average is $0.98.

Naked Wines Company Profile

Naked Wines PLC, trading on the OTC market under the symbol NWINF and listed on the London Stock Exchange, operates a subscription-style, direct-to-consumer wine retail platform. The company connects wine enthusiasts—referred to as “Angels”—with a network of independent winemakers around the world. Members commit funds on a monthly basis, which are invested directly into small, often family-run vineyards, enabling winemakers to focus on production and innovation while offering members access to curated, value-priced wines.

Founded in 2008 in the United Kingdom by entrepreneur Rowan Gormley, Naked Wines has expanded its presence into the United States and Australia through dedicated regional websites.